SOURCENEXT Expands POCKETALK Production to Vietnam Amid Tariff Challenges
Sourcenext Corporation has announced the establishment of a new production base for its POCKETALK device in Vietnam to counter U.S. tariffs and maintain competitive pricing. Despite new tariffs on Vietnam, the company has shipped a year's inventory to the U.S. to mitigate sales impacts. Sourcenext is focused on adapting its strategies to global economic conditions while continuing to operate in the technology sector, particularly in translation devices.
Sourcenext ( (JP:4344) ) has shared an announcement.
SOURCENEXT CORPORATION has announced the establishment of a new production base for its ‘POCKETALK’ device in Vietnam to mitigate the impact of U.S. tariffs and maintain competitive pricing. Despite recent reciprocal tariffs announced by the U.S. on Vietnam, the company anticipates improvements through negotiations and has already shipped a year’s inventory to the U.S. to avoid immediate impacts on sales. The company remains vigilant in monitoring global economic conditions and is prepared to adapt its strategies accordingly.
More about Sourcenext
SOURCENEXT CORPORATION operates in the technology industry, focusing on the development and sale of translation devices, with ‘POCKETALK’ being one of its primary products. The company is strategically positioned in the global market, with a focus on maintaining competitive pricing amidst changing tariff policies.
Average Trading Volume: 350
Current Market Cap: $231.7M
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