【环球网科技综合报道】5月25日消息，据海外科技媒体The Verge报道，美国总统唐纳德·特朗普威胁苹果和其他智能手机制造商，如果不将生产转移到美 国，将对 iPhone 和类似硬件征收"至少 25%"的关税。 特朗普在Truth Social上写道： "我很久以前就告知苹果公司的蒂姆·库克，我预计他们在美国销售的iPhone将在美国制造和生产，而不是在印度或其他任何地 方。如果不是这样，苹果必须向美国缴纳至少25%的关税。感谢您对此事的关注！" 周五晚些时候，特朗普在白宫对记者表示，这项关税也将适用于包括三星在内的其他公司，并将于6月底公布。"三星以及所有生产该产品的公司都将受到影 响，否则就不公平了，"特朗普说道。 此前一周，特朗普宣布他"与蒂姆·库克有点小矛盾"。此前有报道称苹果公司计划将其所有美国销售的iPhone从印度采购，这将需要提高印度的产量。就在周 四，《金融时报》报道称，苹果的主要制造商富士康正在印度南部钦奈投资15亿美元建设一座工厂，用于生产iPhone显示屏。苹果多年来一直在实现生产多 元化，最近苹果加速了这一进程。 尽管苹果公司承诺未来四年在美国投资5000亿美元（首席执行官库克个人 ...

Core Viewpoint - The potential shift of iPhone production back to the U.S. could lead to a significant price increase, with estimates suggesting a rise of at least 25% to as much as 190% compared to current prices, severely impacting demand and inflation [1][2][4]. Group 1: Cost Implications - Analysts predict that the price of the iPhone 16 Pro, currently priced at $1199, could rise to approximately $1500 if produced in the U.S. due to labor cost increases [3]. - A more pessimistic estimate suggests that the price of a U.S.-manufactured iPhone could reach $3500, with Apple needing to invest $30 billion over three years to shift just 10% of its supply chain to the U.S. [4]. Group 2: Labor and Skills Challenges - The labor cost for manufacturing iPhones in the U.S. is significantly higher, with U.S. assembly and testing costs estimated at $200 compared to $40 in Asia [8]. - There is a notable shortage of skilled engineers in the U.S., which complicates the feasibility of large-scale production. Apple CEO Tim Cook highlighted that the number of engineers in the U.S. is insufficient compared to Asia [9]. Group 3: Supply Chain Complexity - Even if assembly were to occur in the U.S., most components would still be sourced from Asia, where tariffs could further increase costs. For instance, the price of the iPhone 16 Pro Max could rise by 91% due to tariffs and labor costs [10]. - The complexity of the global supply chain makes a complete transition to U.S. manufacturing highly challenging and potentially unfeasible [11]. Group 4: Strategic Responses - Apple has engaged in negotiations with the Trump administration to secure temporary tariff exemptions, allowing it to continue manufacturing in Asia without incurring additional costs [12]. - There is speculation that Apple may consider small-scale production of certain products in the U.S. to negotiate for tariff exemptions, similar to its previous commitments [12].

Core Viewpoint - The potential shift of iPhone production back to the U.S. could lead to significant price increases, with estimates suggesting a rise of at least 25% to as high as 3500 USD, impacting consumer demand and inflation [1][2]. Group 1: Cost Implications - Analysts predict that the current price of the iPhone 16 Pro at 1199 USD could increase to approximately 1500 USD if produced in the U.S. due to labor costs alone [2]. - Wedbush analyst Dan Ives estimates that the price of a U.S.-made iPhone could reach 3500 USD, requiring Apple to invest 30 billion USD over three years to shift just 10% of its supply chain to the U.S. [2]. - Labor costs for assembling and testing an iPhone in the U.S. could reach 200 USD, compared to 40 USD in Asia [3]. Group 2: Labor and Skills Challenges - There is a significant shortage of skilled labor in the U.S., particularly engineers, which complicates the feasibility of manufacturing iPhones domestically [4]. - Apple's CEO Tim Cook noted that the number of engineers in the U.S. is insufficient compared to China, where a large number can fill multiple football fields [4]. Group 3: Supply Chain Complexity - Even if iPhones could be assembled in the U.S., most components are still sourced globally, particularly from Asia, which would still be subject to tariffs [5]. - Currently, key components like semiconductors are temporarily exempt from tariffs, but this could change, leading to further price increases for U.S.-made iPhones [6]. Group 4: Strategic Responses - Unlike Steve Jobs, Tim Cook has engaged with the Trump administration and has sought temporary tariff exemptions for products manufactured in Asia [7]. - Analysts suggest that Apple may consider small-scale production of certain products in the U.S. to negotiate for tariff exemptions, similar to past commitments for the Mac Pro [7].

Core Viewpoint - The U.S. President Trump asserts that his tariff policy will ensure the steel industry remains "Made in America" permanently, indicating a shift towards domestic manufacturing across various states [1] Group 1 - The tariff policy is aimed at revitalizing the steel industry in the U.S. [1] - The statement highlights a geographical focus on states such as Pennsylvania, Arkansas, Minnesota, and Indiana, suggesting a broad impact on American manufacturing [1] - The phrase "Made in America" is emphasized as a key component of the administration's economic strategy [1]

Investment Rating - The report maintains an "Overweight" rating for the technology sector [4] Core Insights - Sovereign AI investments are temporarily compensating for the sales restrictions in the Chinese market, but the slow development of AI applications poses a significant risk to the entire industry chain [1] - The challenge for the Taiwanese industry chain is to meet U.S. government requirements for domestic manufacturing while ensuring technological upgrades do not slow down [2] - NVLink Fusion, a new technology announced by NVIDIA, may further strengthen its position in the industry [3] Summary by Sections Sovereign AI Investment - Following the U.S. Department of Commerce's announcement to revoke the AI diffusion rules, NVIDIA and the global computing industry saw a significant rebound in stock prices. This regulatory adjustment opens up sales opportunities for AI chips in major Middle Eastern countries, potentially compensating for the estimated $5.5 billion loss from restricted sales to China. However, investors express concerns over the lack of substantial applications for generative AI to support over $300 billion in annual capital expenditures [1] U.S. Manufacturing Challenges - Taiwan hosts a complete data center industry chain, including TSMC and Hon Hai. The primary challenge is balancing the need for technological upgrades every two years with the U.S. government's domestic manufacturing requirements. TSMC has committed to investing $165 billion in six fabs in the U.S., while Hon Hai has pledged to produce servers domestically. Investors are worried about the impact of this transition on profitability [2] NVLink Fusion Technology - NVIDIA has introduced NVLink Fusion, which allows third-party chip companies to connect their ASIC and CPU chips to NVIDIA's ecosystem. Eight companies, including MediaTek and Qualcomm, have announced support for this technology. NVLink Fusion is seen as a solution for ASIC integration in AI chips, potentially reinforcing NVIDIA's industry position [3]

Core Viewpoint - The Golden Dome project will be entirely manufactured in the United States, emphasizing a commitment to domestic production [1] Group 1 - The project aligns with the broader initiative to boost American manufacturing and create jobs [1] - The statement reflects the administration's focus on reducing reliance on foreign manufacturing [1] - The emphasis on "Made in America" is expected to resonate with domestic consumers and stakeholders [1]

Core Viewpoint - The article discusses the potential shift of Chinese cross-border e-commerce companies to assemble products in the U.S. as a response to high tariffs imposed by the U.S. on Chinese goods, suggesting that this could be a viable path for some businesses [1][10]. Group 1: Cost and Operational Challenges - High labor costs in the U.S. make it challenging for companies to establish large-scale manufacturing operations, leading many to consider only simple assembly processes [3][7]. - The assembly operations in the U.S. are often small-scale, with many factories employing only a handful of workers, which raises concerns about investment returns and operational risks [9]. - The U.S. has seen a trend where companies are exploring the assembly of products locally to avoid high tariffs on finished goods, as components incur lower tariffs [6][10]. Group 2: Regulatory and Market Considerations - The "Made in USA" label comes with strict regulations from the Federal Trade Commission (FTC), requiring that products must be almost entirely made in the U.S. to qualify, which complicates the assembly strategy [14][16]. - A significant portion of U.S. consumers actively seek "Made in USA" products, with many willing to pay a premium, indicating a potential market advantage for companies that can meet these standards [13][16]. - Despite the potential benefits, many companies are hesitant to invest in U.S. manufacturing due to high costs compared to other regions like Southeast Asia, where production is cheaper [17][24]. Group 3: Current Trends and Future Outlook - Many entrepreneurs are currently in a wait-and-see mode regarding U.S. manufacturing investments, with some purchasing land but not actively developing it [20][24]. - The fluctuating tariff policies create uncertainty, making it difficult for companies to commit to long-term investments in U.S. manufacturing [24][25]. - The feasibility of establishing end-stage assembly operations in the U.S. will depend on the stabilization of tariff rates and the ability to generate sufficient profit margins from local assembly [25].

Core Viewpoint - A trend of Chinese manufacturers establishing factories in the U.S. is emerging, driven by high tariffs and the need for more stable supply chains, as well as the desire to reduce costs and increase competitiveness in the American market [9][32][39]. Group 1: Manufacturing Trends - Chinese manufacturers are increasingly seeking to set up operations in the U.S. to mitigate the impact of tariffs and to adapt to changing market conditions [9][32]. - The "factory within a factory" model is becoming popular, allowing Chinese companies to utilize existing American facilities and resources, thus reducing initial investment costs [14][16]. - Many Chinese manufacturers are transitioning from "Made in China" to "Assembled in USA," which helps in lowering tariffs and improving market access [15][28]. Group 2: Cost Structure - The cost of setting up operations in the U.S. is primarily driven by labor and facility expenses, with average hourly wages for U.S. manufacturing workers being significantly higher than those in China [48][49]. - Simplified assembly lines can be established at low costs, with per-unit costs as low as $10, depending on the product [18][19]. - The use of local resources and labor can help mitigate some of the high costs associated with U.S. manufacturing [16][19]. Group 3: Market Dynamics - U.S. retailers are increasingly interested in sourcing locally to ensure stable supply chains, even if it means paying higher prices [39][41]. - The shift towards local assembly is seen as a way to enhance product competitiveness and to counteract the effects of tariffs [37][39]. - The demand for American-made products is rising, with many U.S. brands preferring to work with local manufacturers to avoid the risks associated with overseas supply chains [39][64]. Group 4: Challenges and Limitations - Despite the potential benefits, challenges such as high labor costs, regulatory complexities, and a lack of skilled labor in the U.S. manufacturing sector remain significant hurdles [52][56]. - The uncertainty surrounding U.S.-China trade relations and the potential for fluctuating tariffs adds to the risk for manufacturers considering U.S. operations [58][61]. - The current manufacturing landscape in the U.S. is still developing, and many Chinese companies face difficulties in scaling their operations effectively [56][68].

Group 1 - The article discusses the challenges faced by U.S. manufacturing companies in achieving 100% "Made in America" products, highlighting a decline in the number of such products over the past year [1][2] - Key components are either too expensive, scarce, or unavailable from domestic suppliers, making it difficult to build a complete supply chain in the U.S. [1] - DECKED, a truck storage box manufacturer, struggles to source the last 5% of components domestically, particularly ball bearings that are competitively priced and available [1] - Rapid Plastic, a small business in New York producing high-end hangers, relies on metal hooks from China due to the closure or relocation of domestic suppliers over the past two decades [1] - Haas Automation, a California-based equipment manufacturer, sources cast iron from China, citing a lack of U.S. manufacturers with sufficient production capacity [1] Group 2 - Haas Automation has reduced production at its California plant and canceled overtime due to tariff impacts, with potential delays in a $500 million new factory in Nevada if tariffs are not lowered [2] - Market research firm NielsenIQ reports a decrease of approximately 2,000 products labeled "Made in America" over the past year, totaling around 100,000 such products [2] - Chenalock, a family-owned business in Philadelphia, produces tools entirely in the U.S. but is concerned that increased demand for metals due to import tariffs may prioritize supply for larger clients like automotive manufacturers [2]

Group 1 - The core viewpoint is that major Taiwanese semiconductor packaging and testing company ASE Technology Holding Co. and panel manufacturer AU Optronics are considering establishing manufacturing facilities in the United States to mitigate the impact of tariffs and enhance their competitive positioning in the market [1][2]. - ASE Technology's CFO indicated that the company is evaluating the opportunity to set up operations in the U.S. to support customer business development, although specific investment timelines and scales are not yet determined [1]. - AU Optronics is reportedly the first Taiwanese panel manufacturer to consider establishing a presence in the U.S., focusing on assembling modules or finished products rather than front-end panel manufacturing [1][2]. Group 2 - ASE Technology's direct shipments to the U.S. account for less than 10% of its electronic manufacturing services, and the company has not observed significant changes in customer order dynamics despite the tariff situation [2]. - The company expects a 9% to 10% quarter-over-quarter increase in revenue for its packaging and testing business in the second quarter, with a projected gross margin increase of 1.4 to 1.8 percentage points [2]. - AU Optronics' revenue from direct and indirect sales to the U.S. is estimated to be around 10% to 15% [3].