Uma Samlin's questions to NXPRF leadership • Q1 2025
Question
Asked about exposure to U.S. raw material tariffs when producing in the U.S. for European clients, and inquired about contingency plans for the GSI project's capacity if it were to be canceled.
Answer
There is no exposure to U.S. tariffs for key raw materials like copper and aluminum, as they received exemptions and copper is sourced internally from Canada. If the GSI project is canceled, the company has a detailed 'Plan B' to replace it with other projects, potentially consolidating MI technology production, with no significant long-term financial impact expected.