Taiwan's Inventec to invest up to $85 million in US to lessen tariff impact

Reuters

Mon, Apr 28, 2025, 4:20 AM 1 min read

TAIPEI (Reuters) -Taiwanese declaration electronics shaper Inventec has agreed to put up to $85 cardinal to physique manufacturing facilities successful Texas to assistance mitigate the interaction of U.S. tariffs, it said connected Monday.

In a connection to the Taiwan banal exchange, the institution said that its U.S. subsidiary would look for "suitable production" plants successful the southwestern U.S. state.

The program has been agreed upon by the committee to "meet lawsuit shipment determination requirements, actively prosecute caller customers and markets, and mitigate the interaction of fluctuations successful U.S. tariff policies," the institution said successful its abbreviated statement.

It did not elaborate.

The institution is simply a declaration shaper of notebooks arsenic good arsenic AI servers that usage Nvidia chips.

Inventec President Jack Tsai said successful January that the institution had started evaluating locations for concern successful the United States and was favouring Texas for its proximity to Mexico and powerfulness infrastructure.

Taiwan had been owed to beryllium deed with a 32% tariff nether U.S. President Donald Trump's plans for import taxes connected each countries, until helium deed the intermission fastener for 90 days earlier this month.

Taiwan's authorities has repeatedly said it volition assistance its companies put much successful the United States, and bargain much goods from the country, to assistance trim the island's yawning commercialized surplus.

(Reporting by Ben Blanchard; editing by Barbara Lewis)