Alan Lai's comment on GREATEC. All Comments

Alan Lai
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What happen? Leading drop for tec again?
Alan Lai
Ah i see, means situation still remain uncertainties
Like · 2 days · translate
C H Lim
those Uncles got scared by news again thinking Malaysia getting 3000% tarrif for solar panel, we are the lowest so should be good news for greatech
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cheng
3000% tariffs? It was just voted / "approved" yesterday and probably the tariffs on solar products from Malaysia will be announced later. 3000% is basically ending the exports of solar products from Malaysia to US. May 20 (Reuters) - The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were materially harmed or threatened by a flood of cheap imports from four Southeast Asian nations, bringing the United States a step closer to imposing stiff duties on those goods.
The "yes" vote by the three-member ITC means the Commerce Department will issue orders to enforce countervailing and anti-dumping tariffs on solar products imported from Malaysia, Thailand, Cambodia and Vietnam that the agency finalized last month.
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C H Lim
no way US is putting 3000% on First Solar, their own company, they are targeting china producer
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cheng
its complicated but there will be some form of impact to Greatec. List of companies from Malaysia identified with AD and CVD rate. https://www.reccessary.com/en/news/us-to-imposes-record-high-tariffs-on-solar-imports-from-southeast-asia
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cheng
Not sure whether First Solar Malaysia falls under the category of All Others. There is also the baseline tariffs of 10% for all exports from Malaysia to US. Reciprocal tariffs has been paused for 90 days. Greatec's clients from US may experience slower growth due to the tariffs in the short term and indirectly soften the demand for Greatec's products/solutions; depending how soon its US clients ramp up their local productions capability.
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Like · Yesterday · translate