U.S. memory chipmaker Micron Technology (MU.O), has told U.S. customers it plans to impose a surcharge on some products from Wednesday to account for U.S. President Donald Trump’s new tariffs, four sources familiar with the matter said.
Micron’s overseas manufacturing sites are largely based in Asia, including China, Taiwan, Japan, Malaysia and Singapore.
The company notified its customers in a letter that while Trump’s announcement last week exempted semiconductors, which account for part of Micron’s portfolio, the tariffs applied to memory modules and solid-state drives (SSDs), the sources said.
An executive at an Asian NAND module manufacturer said they were taking a similar approach to Micron to tell U.S. customers they had to figure out the tariffs themselves. “If they don’t want to bear the taxes, we cannot ship the products. We cannot be held accountable for the decisions made by your government,” the person said, declining to be named as they were not permitted to speak to the media. “With this kind of tax rate, no company can generously say, ‘I’ll take on the burden’.”
This is a pretty frank and to the point statement on the issue. Americans do need to figure out what’s going on with their political and government system.
We have. Stupidity and malice. Doesn’t help us of course but that’s kind of it.
I guess the next step would be solving the issue. Recognizing that you may need to take inspiration from other countries and also apply a more realistic risk management/tolerance approach (the matters we are discussions often include difficult choices).
