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U.S. Announces Samsung Electronics Incentives for Semiconductor Production

Supply Chain Matters

billion grant to Samsung Electronics to build an advanced semiconductor fab capabilities in Tyler, Texas. chip production presence in Texas, in a complex just outside of Austin. chip production presence in Texas, in a complex just outside of Austin. Commerce Department has awarded a $6.4 The move follows a $6.6

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New Developments Among Electric Vehicle Automotive Players

Supply Chain Matters

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. An added challenge has been the ramp-up of new manufacturing facilities in Austin, Texas and Berlin Germany. Rivian Automotive.

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The Big Texas Chemical Freeze Raises Issues on Resiliency of the Petrochemical Supply Chain

NC State SCRC

Today’s Wall Street Journal article on the impact of the Texas winter storm on the petrochemical industry highlights many of the challenges that exist with this supply chain, that has been overlooked for perhaps too long. ” Discussions with experts on the Gulf Coast have also shared the challenges faced in this region.

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VW Tennessee Auto Workers Approve Labor Union Representation

Supply Chain Matters

automotive sector, the United Auto Workers (UAW) labor union orchestrated targeted labor strike actions among the three major U.S. states ( Alabama, Georgia, Mississippi, Tennessee, South Carolina and Texas ) each indicating in statements that unionization efforts will result in lost jobs and cutbacks from individual auto makers.

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Report That Samsung is Eyeing Massive Semiconductor Production Presence in the U.S.

Supply Chain Matters

The Texas based Austin American Statesman reported yesterday that Samsung is considering the construction of upwards of 11 new semiconductor fabrication production facilities in the Austin, Texas area over the next two decades. Samsung ’s acknowledgement that their current effort in evaluating a broader Texas or other U.S.

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Tesla’s Report of 2023 Financial Performance Disappoints

Supply Chain Matters

Financial Highlights- Q4-2023 Total automotive Q4-2023 revenue was reported as $21.6 Automotive Q4 gross profit was $14.4 Financial Highlights- Full Year 2023 Total 2023 automotive revenues were reported as $82.4 Automotive gross profit in 2023 was $17.6 billion vs. consensus analyst expectation of $25.6 billion credit.

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More Electric Vehicle Supply Network Moves

Supply Chain Matters

Included in this update are Tesla , Rivian Automotive and Mercedes Vans , along with recycling technology start-up efforts. Developments concerning automotive and commercial electric or hybrid powered vehicle producers, and their strategic sourcing and production moves, continue at a rapid pace.