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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. The two recognized PMI reports for U.S. The two recognized PMI reports for U.S.

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Told You So Moment for Akio Toyoda

Supply Chain Matters

He rather steered the company toward providing varying power train options for consumers and for countries, which included hybrid power technologies. The Chairman of South Korea based SK Group , a strategic battery supplier to Ford Motor , indicated to Bloomberg that amid the increased tensions between the U.S.

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Chinaā€™s Export Restrictions on Germanium and Gallium Ā 

Resilinc

In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. 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.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The July reported value of 48.7 The July reported value of 48.7 declined 0.7

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Costly Supply Chain Delays in iPhone 8

Elementum

However, one month shy of its expected launch in September, reports claim that Apple is facing production issues regarding the iPhone 8 and its release could be delayed by three to four weeks. Foxconn, an electronics manufacturing company, is currently in charge of 95% of Appleā€™s OLED iPhone orders , and a small volume of 4.7-inch

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

China, Japan, and South Korea are among the top consumers , driven by their increasing demand for lithium-ion batteries in electric vehicles and other high-tech applications. Companies should also keep up with the latest news surrounding electric car batteries and related commodities.

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Why Experiential Retail Might Just be The Secret to Customer Success

Locus

The brand provides buyers with a hi-tech omnichannel experience through its in-store implication of RFID, which also creates a smooth purchasing experience. Are you aware that fast-developing companies drive 40 % of their revenue from personalization in comparison to their slower-developing counterparts?

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