Trump tariffs: Chinese chip firms shrug off trade war, as US already cut them off
A number of listed Chinese semiconductor companies have reassured investors that they are largely unaffected by China's increased import tariffs, citing earlier US sanctions as a mitigating factor.
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Cambricon Technologies, a Shanghai-listed AI processor developer, said on Thursday that its overseas revenue in both 2023 and 2024 accounted for less than 1 per cent of total revenue. The company already faced significant restrictions from its inclusion on the US Entity List in 2022, it noted.
'The latest tariff increases will not substantially impact our operations,' the company said.
Chip designer Loongson Technology also said on Thursday that the latest tariffs 'have no negative impact on the company', and emphasised its commitment to independent research and development of chips, software systems and self-controllable supply chains, along with zero US-based revenue.
05:39
Trump pauses US tariffs on most nations for 90 days but raises levies on China to 125%
Trump pauses US tariffs on most nations for 90 days but raises levies on China to 125%
Shenzhen-based IoT chip developer Leaguer Microelectronics issued a statement noting that the bulk of its materials are sourced domestically, and its revenue is exclusively generated within China.
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