Micron To Impose Tariff-Related Surcharge on SSDs, Other Products
Micron has announced its intention to implement surcharges on memory modules and solid-state drives (SSDs) for its US customers, starting from Wednesday. This decision is a direct response to the new tariffs introduced by President Trump, which affect memory storage products while excluding semiconductors from these duties. Micron, which has significant manufacturing operations in Asia, indicated during a March earnings call that it would pass on the costs related to the tariffs to its customers.
Key Points
- Micron will charge surcharges on memory modules and SSDs due to new tariffs.
- The surcharges will take effect starting Wednesday, impacting prices for US customers.
- While semiconductors are exempt from these tariffs, memory storage products are not.
- Micron’s manufacturing primarily occurs in Asian countries, including China and Taiwan.
- During a prior earnings call, Micron indicated that tariff costs would be shifted to customers.
Why should I read this?
This article highlights the ongoing impact of tariffs on consumer electronics pricing, particularly in the memory storage sector. As Micron adjusts its pricing strategies in response to government policies, it reflects broader economic trends that could influence future purchasing decisions by businesses and consumers alike. Understanding these developments can help readers stay informed about potential cost implications in the technology market.
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