Thriving amid tariff uncertainty in semiconductors

The semiconductor industry’s supply chain is complex and global. In today’s uncertain geopolitical environment, tariffs are top-of-mind with semiconductor leaders, according to research conducted for the KPMG Global Semiconductor Industry Outlook. Tariffs were cited as the biggest issue facing the industry over the next three years. Tariffs were also named the second most concerning geopolitical issue that could affect the semiconductor ecosystem over the next two years, after armed conflicts.

As semiconductor companies navigate the evolving tariff landscape, addressing tariffs on US imports and exports requires an expansive strategy that goes beyond assessing immediate exposure. To safeguard financial performance, it is essential to adopt a strategic, cross-functional approach that involves key departments such as tax, trade, supply chain, and sourcing, enabling semiconductor companies to manage near-term impacts and broader strategic challenges.

For a more comprehensive explanation of these strategies, download the guide on thriving amid tariff uncertainty.