Hong Kong, [Apr 6, 2025] – Glotele Limited (HKEX: GTL), a leading global supplier of telecommunications and smart manufacturing equipment, today unveiled a comprehensive strategy to mitigate the impact of newly imposed U.S. tariffs on Chinese electronics and industrial components.
Key Strategic Adjustments
Supply Chain Diversification
Glotele will shift 30% of its high-tariff product manufacturing to its new facilities in Vietnam and Mexico, reducing dependency on China-based production.
The company has secured partnerships with local semiconductor suppliers in Malaysia to avoid U.S. tariff hikes on critical chips.
Cost Optimization & Localized Production
AI-driven logistics optimization is expected to cut shipping costs by 15% annually.
Price Adjustments & Customer Support
Minimal price increases (<5%) for U.S. customers due to efficiency gains.
Long-term contracts with key clients (e.g., telecom operators) will include tariff-shielding clauses.
CEO Statement
"While the new tariffs present challenges, Glotele is turning them into opportunities," said Dr. Zhang Peter, CEO of Glotele Limited. "Our agile supply chain and strategic investments in automation will not only offset tariff costs but also strengthen our global competitiveness."
Financial Outlook
2025 cost-saving target: $50M via lean manufacturing and nearshoring.
Revenue impact: Neutral due to pre-emptive adjustments.