US tariffs spurs surge in stockpiling, memory contract prices set to rise
April 17, 2025
TrendForce’s latest investigations reveal that the implementation of the US “reciprocal tariffs” on April 9th — followed by a 90-day grace period for most regions — has prompted buyers and suppliers to adjust their strategies in response to policy uncertainty.
Ad
Silicon Mountain expands US manufacturing capabilities in response to tariff pressures
April 17, 2025
EMS provider Silicon Mountain Contract Services is strengthening its domestic production capabilities amid rising complexities of global tariffs and supply chain disruptions.
ASML remains confident, but tariffs have increased uncertainty
April 16, 2025
Dutch semiconductor equipment manufacturer ASML reported financial results for the first quarter of 2025, reflecting a sequential decline in net sales and income, though gross margin exceeded expectations.
South Korea unveils $23B semiconductor support package
April 15, 2025
The move comes amid growing uncertainty in the global semiconductor sector following US President Donald Trump’s changing tariff policies and the escalating trade war between the US and China.
New tariffs on semiconductors are on the way, warns Trump
April 14, 2025
US Commerce secretary Howard Lutnick said President Donald Trump would impose “a special focus-type of tariff” on smartphones, computers and other electronics products within a month or two.
China delays approval for Geely, BYD investment plans in Latin America
April 14, 2025
Approval from China has taken longer than expected for the projects, with China’s state planner raising concerns that there are tech transfer risks in the Chinese automakers’ plans, Reuters reports.
Trump reverses tariff hikes for most countries, except China
April 10, 2025
Trump announced countries that had not retaliated against US tariffs would receive a 90-day reprieve and only face a blanket tariff of 10%. But he hiked the tariff on Chinese imports to 125% from the previous 104%.
China slaps back with 84% tariffs on US goods
April 09, 2025
"The U.S.'s practice of escalating tariffs on China is a mistake on top of a mistake," says China’s Office of the Tariff Commission of the State Council, as the country increases tariffs on U.S. goods from 34% to 84%.
Trump escalates trade war with China: 104% tariffs now in effect
April 09, 2025
The United States and China are once again locked in an intensifying trade standoff, with tit-for-tat tariffs sparking further tensions between the world’s two largest economies.
Trump's tariff package worries Swedish companies
April 08, 2025
The US's latest tariff package introduces a 20% tariff on goods from the EU. The Swedish agricultural machinery company Väderstad already has production in the US and sees both challenges and opportunities ahead.
Trump tariffs impact: Nintendo delays Switch 2 preorders in US
April 07, 2025
Japan, where the gaming firm is based, has been hit with a 24% tariff. Companies like Nintendo have to either swallow this cost or pass it on to consumers.
Meta plans nearly $1 billion data center project in Wisconsin
April 07, 2025
According to a report by Bloomberg, Wisconsin struck a deal with the social media giant to develop a data center in the US state with an expected investment of $837 million spread out across years.
Trump imposes reciprocal tariffs to counter ‘trade imbalances’
April 03, 2025
US President Donald Trump has declared a national emergency to counter economic threats posed by foreign trade practices, citing concerns over trade deficits and national security. The order imposes responsive tariffs aimed at strengthening the international economic position of the US.
India ends import duty on items needed to make EV batteries, phones
March 26, 2025
India will exempt from import duty 35 items used to make EV batteries and 28 items used in mobile phone manufacturing. The move comes amid talks between India and the US to resolve tariff issues.
Schneider to invest over $700M in US to power AI growth
March 26, 2025
Coupled with previous investments in 2023 and 2024 to strengthen its North American supply chain, the French company's latest US planned investment will surpass USD 1 billion so far this decade.
Fabs on hold, jobs on the line – welcome to 2025
March 18, 2025
The first quarter of 2025 has been marked by turbulence in the electronics and semiconductor industry, with waves of layoffs, stalled investments, and shifting trade policies reshaping the landscape. The year began with cautious optimism, but that optimism has quickly faded.
Smartphone production grew 9.2% in Q4 2024
March 12, 2025
Global smartphone production in Q4 2024 reached 334.5 million units, marking a 9.2% increase compared to the previous quarter, driven by Apple's peak production season and consumer subsidies from local Chinese governments, according to TrendForce. While Apple expanded production with the launch of new models, Samsung faced production declines due to intensified competition in emerging markets.
HPE to cut 2,500 jobs as tariffs rock the market
March 11, 2025
Hewlett Packard Enterprise (HPE) announced plans to lay off 5% of its global workforce, approximately 2,500 employees, as part of a cost-saving initiative projected to yield USD 350 million in gross savings by fiscal 2027.
Trump slams CHIPS act in congress – credits tariffs for investments
March 05, 2025
In an address to Congress on Tuesday, US President Donald Trump called the CHIPS Act a “horrible, horrible thing” and credited his administration's economic policies for a surge in domestic investment.
Key Tronic to expand operations in Arkansas and Vietnam
February 11, 2025
Key Tronic Corporation, a provider of manufacturing and design engineering services, says that it plans to significantly increase production capacity in Arkansas and Vietnam.
The EU in Trump's crosshairs as tariff war expands
February 03, 2025
President Donald Trump is escalating his trade war, imposing new tariffs on key US trading partners, with the European Union now in his sights.
North American EMS industry down 7.8% in December
January 30, 2025
Total North American EMS shipments in December 2024 were down 7.8% compared to the same month last year. Compared to the preceding month, December shipments were down 8.3%, reports the IPC.
North American PCB industry sales up 59.6% in December
January 30, 2025
Total North American PCB shipments in December 2024 were down 0.3% compared to the same month last year. Compared to the preceding month, December shipments were down 3.9%, reports the IPC.
Samsung, LG may shift home appliance production to US
January 23, 2025
South Korean electronics giants Samsung Electronics and LG Electronics are reportedly evaluating plans to relocate some of their home appliance production from Mexico to the United States.
Threat of new tariffs cast shadows over 2025
January 14, 2025
Potential tariff increases on major U.S. trading partners, including China, Canada, and Mexico, could significantly raise the cost of electronic components in 2025.
Reliance NU Suntech secures 930 MW BESS project
December 13, 2024
Solar Energy Corporation of India (SECI) will enter into a 25-year power purchase agreement with Reliance NU Suntech. The solar power procured will be sold to power distribution firms in India.
ADB, Gulf finalize $820 million loan for Thai green projects
November 29, 2024
The portfolio comprises 8 ground-mounted solar PV plants with contracted capacity of 393 MW and 4 ground-mounted solar PV plants with battery energy storage with contracted capacity of 256 MW.
China urges France to find common ground on EV tariff row
November 04, 2024
Commerce minister Wang Wentao told French junior trade minister Sophie Primas that the EU’s probe into China’s EVs has “seriously hindered” cooperation between the China and EU auto industries.
Battery cell prices still decline in August
September 11, 2024
The market for metals essential to battery production, namely metals such as nickel, cobalt and lithium, was not only weak in August, but the prices of these raw materials continued to fall, according to TrendForce research. These analysts point out that the price of lithium spodumene concentrate dropped sharply in August—seeing a 16% quarterly decline—while some lithium concentrate prices fell below US$800/ton.
Battery cell prices fell slightly in July; lithium prices down too
August 09, 2024
In July, prices of EV cells fell by 2% compared to June. By the end of July, lithium carbonate prices fell to CNY 80,000 per ton. Lithium prices are expected to continue to fall in August.
China retains market advantage in battery development
May 27, 2024
On May 14, the White House announced significant tariff increases on Chinese EVs and batteries. EV tariffs will jump from 25% to 100%, and battery tariffs will rise from 7.5% to 25%. TrendForce posits that Chinese EVs account for less than 2% of the US EV market, making the actual impact of these tariff hikes minimal.
Load more news