Chipmaker SMIC stays resilient amid US-China trade tensions
SMIC’s Resilience Amid Tariff Headwinds
SMIC’s co-CEO Zhao Haijun stated that the feared “hard landing” due to U.S. tariffs never materialised. Thanks to strong domestic demand, the company’s production capacity remains tight and is expected to stay that way through October 2025. (Source: Reuters)
Minimal Impact Expected from Trump’s 100% Tariff Plan
US President Donald Trump recently announced a 100% tariff on semiconductor imports, exempting companies manufacturing within the U.S. or committing to do so. While SMIC is not currently discussing this with customers, Zhao believes the impact will be limited due to contingency measures taken since the initial announcement in April.
