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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

In contrast, chip manufacturing has significantly increased in Taiwan, South Korea, and China over the same time period*. According to 2020 data, the U.S. only produces 12% of the world’s semiconductor chips, a significant drop from 1990 when it produced 37%. CHIPS Act Resources: [link].

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Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends

The Logistics & Supply Chain Management Society

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2022 was characterized by scarce transportation capacity and exceptionally high shipping container rates in first half of the year.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The August report cited new order intakes declining for the second consecutive month with indications that excess capacity may be building among the global manufacturing sector. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . .

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results. Component demand and supply response constantly expand, and ebb driven by either anticipated market demand or supply needs.

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

According to an abbreviated announcement , the investment will include two new factories on the site- a 100 GWh 4680 cell factory (with capacity to produce enough batteries for 1.5 Tesla Announces Added Investment in Gigafactory Nevada Electric auto maker Tesla has announced a reported $3.6

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Build Resilient Supply Chains That Weather Disruptions 

Logility

You need qualified, vetted suppliers in various global locations who can provide additional capacity when there is a surge in demand or disruption in supply. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

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China’s Export Restrictions on Germanium and Gallium  

Resilinc

China has a lot more processing and smelting capacity than any other country. Only a handful of companies in Japan, Russia, South Korea, and Canada produce gallium at the required level of purity; and that only accounts for 20% of global gallium exports. In this fight, we only lose.