Guo Mingyi, an analyst at Tianfeng International, said that after the US government announced a delay in the implementation of equal tariffs, the electronics industry experienced a wave of early production and preparation in 2Q25. AI servers, general servers, and Netcom products are generally more prominent than consumer electronics due to high order visibility and good gross margin. Although early production and preparation means that many suppliers should have good 2Q25 revenue and profits, if the US government's tariff policy continues to be unstable until late 2Q25, 2H25 commercial activity is expected to slow down significantly, and 2H25 revenue may not grow or even decline significantly.

Guo Mingyi, an analyst at Tianfeng International, said that after the US government announced a delay in the implementation of equal tariffs, the electronics industry experienced a wave of early production and preparation in 2Q25. AI servers, general servers, and Netcom products are generally more prominent than consumer electronics due to high order visibility and good gross margin. Although early production and preparation means that many suppliers should have good 2Q25 revenue and profits, if the US government's tariff policy continues to be unstable until late 2Q25, 2H25 commercial activity is expected to slow down significantly, and 2H25 revenue may not grow or even decline significantly.