Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
we will have clearer picture upon release of q2fy25 results and tariffs on China (how much, how soon) will be clearer by then too; post Trump's inauguration.
No day one tariffs for China and Europe; pending USTR assessment for China. However, US President Donald Trump reiterated his threat towards the BRICS nations on Monday, stating that countries that are part of this organisation would face 100 per cent tariffs on trade with the US if they continue their de-dollarization efforts.
The two new plants are making good progress: Suxiang plant renovation is currently on-going and equipment move in and qualification to start in Mar'25. Ipoh plant FOL and EOL pilot line space received approval for Certificate of Completion & Compliance.