Last week, US President Donald Trump set a 20% levy on Taiwan exports to the US. While electronics are exempt, they may be affected by the outcome of a US investigation, under Section 232 of the Trade Expansion Act, which includes probes into sectors such as semiconductor products.
Nvidia’s main server assembly partner Hon Hai Precision Industry Co.’s sales growth slowed in July compared to previous few months, signalling that tariff-induced uncertainties are affecting electronics demand.
Sales rose 7.25% to NT$613.8 billion ($26.42 billion), its slowest growth since January. Analysts were looking for a 12.2% increase in third-quarter revenue. Hon Hai, which also assembles Apple’s iPhones, previously said it expects third-quarter sales to grow sequentially and year-on-year.
