MIPS’ 2019 Sales Slow Down Due to US-China Trade War

TÄBY, Sweden – In the first half of 2019 safety products supplier MIPS reported hiking results. However, the harsh US import tariffs on Made in China products slowed down sales in the third quarter. The Swedes still are confident about the overall 2019 financial results and the outlook for 2020.
MIPS’ bigger US customers cautiously took a passive stance due to the trade war. – Photo MIPS