On July 8, share prices of Thailand electronics group plummeted after the U.S. announced a tariff imposition on Thailand at 36%, set to be in effect on August 1, 2025. This measure is expected to impact various Thai exporters, especially those which have a significant portion of incomes from the U.S.
At the time of 11:27 the share prices of Thai major electronic firms are as follows:
The share price of Delta Electronics Public Company Limited (SET: DELTA) was at THB 109.00, a THB 1.50 or 1.36% decrease with a total trading value of THB 935.20 million.
The share price of Hana Microelectronics Public Company Limited (SET: HANA) was at THB 19.80, a THB 0.40 or 1.98% decrease with a total trading value of THB 203.03 million.
The share price of KCE Electronics Public Company Limited (SET: KCE) was at THB 20.80, a THB 0.20 or 0.95% decrease with a total trading value of THB 398.69 million.
The share price of Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) was at THB 5.95, a THB 0.10 or 1.65% decrease with a total trading value of THB 160.47 million.
FSS International Investment Advisory Securities noted in analysis regarding the impact of the United States’ imposition of 36% Reciprocal Tariffs on Thailand. The securities firm highlighted electronics as the one of most vulnerable to the upcoming levy.
Electronic groups are highly exposed to the tariffs as a large portion of these companies’ income are from the U.S., led by DELTA (30%), HANA (26%), and KCE (21%).
In addition to 36% tariffs, Thailand semiconductor rival Malaysia was being taxed at 25%, lower than Thailand and likely to negatively impact the kingdom’s competitiveness. Taiwan remains to be closely monitored as the U.S. have not announced any change to its 32% tariffs scheme yet.
