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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The lowest production performance and associated supply chain activity levels were reported as that of Germany , Austria , Czech Republic , United Kingdom and Poland. Taiwan ’s decline remains directly related to both China along with continued constrained demand levels for high tech, smartphone and consumer electronics.

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Apple Supplier Foxconn Had Stated Concerns Related to China’s Covid Measures

Supply Chain Matters

The CMS provider reportedly also made the equivalent of a $58 million additional investment into its operating subsidiary located in the Czech Republic that currently produces smartphones and Cloud servers.