Accelovant Shifts Chip-Sensor Production to Southeast Asia With $1 Million Grant as Trump Tariffs Bite
Updated
Updated · The New York Times · Sep 28
Accelovant Shifts Chip-Sensor Production to Southeast Asia With $1 Million Grant as Trump Tariffs Bite
1 articles · Updated · The New York Times · Sep 28
Summary
$1 million in Canadian government funding is helping Vancouver-based Accelovant move temperature-sensor production from a U.S. factory to Southeast Asia, cutting reliance on American manufacturing.
Trump's renewed tariffs and broader trade war with Canada upended a business model built around supplying components for U.S. chip production, turning the shift into a costly, time-consuming overhaul.
The move reflects a wider Canadian corporate response as firms rethink U.S. ties after retaliatory tariffs raised input costs and deepened doubts about the United States as a dependable trading partner.
That reassessment carries broad stakes: Canada and the U.S. exchanged more than $715 billion in goods last year, with autos, energy and industrial supply chains tightly intertwined.