-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueIPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
The Cost of Rework
In this issue, we investigate rework's current state of the art. What are the root causes and how are they resolved? What is the financial impact of rework, and is it possible to eliminate it entirely without sacrificing your yields?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Tariffs on China Could Harm U.S. Electronics Companies
May 14, 2018 | IPCEstimated reading time: 2 minutes
IPC – Association Connecting Electronics Industries, the global industry association representing the $2 trillion global electronics industry, today warned that the Trump administration’s plan to impose higher tariffs on goods imported from China could harm many small- and medium-sized U.S. electronics manufacturers that rely on Chinese materials, components and equipment to produce their products.
In comments submitted to U.S. Trade Representative Robert Lighthizer, IPC said a survey of its U.S. members found that 87% of them import raw materials, components, and/or equipment from China. Asked to rate the effect of these tariffs on their businesses on a scale of 0 (no impact) to 100 (threat to survival), 35% said the impact would be severe and could endanger their companies. About one-quarter (23%) predicted moderate impacts, and 42% indicated minimal impacts. Of those companies that rated the impact low, many expressed confidence that they could restructure their supply chains and pass costs along to their customers.
IPC survey respondents also expressed concern that the tariff increases would increase the cost of base materials to produce high-reliability electronics. Higher prices would depress demand among customers and make U.S. manufacturers less competitive in the global marketplace. Another respondent suggested the tariffs will create cost confusion in the marketplace and impose new administrative burdens as inventoried goods are mixed with newly imported goods.
Protection of intellectual property consistently ranks as a top priority for the electronics industry, and IPC maintains a set of industry standards and a certification program that enable electronics manufacturers to show how they are protecting their customers’ intellectual property. IPC also is working with the U.S. Department of Defense to develop a new standard on this issue.
“As we work to address intellectual property issues, we must not further undermine U.S. companies by imposing increased costs on them,” writes IPC President and CEO John Mitchell. “Doing so will only weaken their competitiveness in the global economy and jeopardize their long-term sustainability at a time when the U.S. Government should be taking active measures to shore up the industrial base.
“Instead, IPC encourages the USTR to postpone new tariffs and prioritize bilateral negotiations with your Chinese counterparts and the pursuance of remedies under existing trade agreements,” Mitchell says.
About IPC
IPC is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 4,300-member company sites which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry. For more information, click here.
Suggested Items
IMI Taps New Opportunities to Sustain Grit in China
03/28/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI), Joey S. Bantatua, IMI China’s head of operations and general manager was recently interviewed by Asia Electronics Industry (AEI) magazine where he talked about the prospects of the country both as a market and a production hub.
Kimball Electronics Publishes Annual Sustainability Disclosures with its 2023 Guiding Principles Report
03/28/2024 | BUSINESS WIREKimball Electronics, Inc. published its annual sustainability disclosures in its 2023 Guiding Principles Report, themed “How We Are Winning Together The Kimball Way.”
iNEMI Webinar: Humidity Robustness and Insulation Coordination for e-Mobility
03/27/2024 | iNEMIThis webinar is a follow-up to the recent Seminar on Humidity Robustness and Insulation Coordination for e-Mobility, organized by iNEMI and ZESTRON Europe and supported by the ECPE.
Electronics Industry Sentiment Rises in March
03/27/2024 | IPCIPC releases March 2024 Global Sentiment of the Electronics Supply Chain Report
Mycronic to Showcase More Versatile, High-productivity Assembly Solutions at IPC APEX EXPO 2024
03/27/2024 | MycronicMycronic, the leading Sweden-based electronics assembly solutions provider, will continue to respond to growing customer demand for high-flexibility, high-productivity solutions for zero-defect PCB assembly at IPC APEX EXPO 2024 in Anaheim, CA on April 9 - 11.