Unable to resist the impact of US tariffs, a semiconductor material factory that has been operating for half a century in Taiwan has closed down.

date
19/08/2025
According to a report on the website of Singapore's Lianhe Zaobao on August 16, a semiconductor materials manufacturer in Taiwan that has been in business for 51 years has closed down due to the impact of US tariff policies. The report stated that Taiwan's Ruisheng Metal Industry Company, founded in 1974, announced on its official website that it could no longer continue operations due to financial difficulties and tightening bank credit, and ceased operations on August 12. The report mentioned that Ruisheng Metal is an important manufacturer of solder and semiconductor materials in Taiwan, with a business presence in Europe, America, Japan, and several Southeast Asian countries. According to reports quoted by Taiwanese media, Ruisheng Metal had warned as early as May that the global rise in transportation costs, geopolitical tensions, and the impact of US tariff policies were posing challenges to the global free trade system, with fears of significant increases in raw material and consumer goods prices. The report mentioned that the impact of US "reciprocal tariffs" is affecting global trade and economy, and Taiwan's industry sector has assessed that the traditional manufacturing industries most affected by US "reciprocal tariffs" will be small and medium-sized enterprises in Taiwan's automotive components and machine tool industries. According to a report on Taiwan's FTNN news website on August 16, Ruisheng Metal, a semiconductor materials plant that has been in business for over half a century, has announced its closure. This company has been deeply involved in the fields of solder and electronic materials for many years, with markets in Europe, America, and Asia, and the news has shocked the industry. Another report on Taiwan's Wind Media website on August 16 suggested that after Ruisheng Metal issued a warning in May, the company announced a complete shutdown in less than 3 months, demonstrating an impact far beyond expectations.