article thumbnail

Auto Industry Concerns in Sourcing Moves Within Mexico

Supply Chain Matters

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. market entry to that of Japanese automakers on the 1970’s and South Korea based makers in the 1990’s. Inflation Reduction Act passed in 2022. reached $1.1

Mexico 52
article thumbnail

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

ivalua

2022) Source. In contrast, chip manufacturing has significantly increased in Taiwan, South Korea, and China over the same time period*. The Semiconductor Industry Association, the leading U.S. semiconductor industry group, estimates that the CHIPS Act will add $24.6 According to 2020 data, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

Earlier this month, Bloomberg , citing informed sources, reported that Tesla was close to a preliminary deal to establish a factory in Indonesia to leverage the regions’ supply of key metals utilized in battery production. His 2018 effort led to a Securities and Exchange Commission settlement and this consequent shareholder lawsuit.

article thumbnail

Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing.

article thumbnail

Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

Avian flu continues to be a thorn in the side of the poultry industry. That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. This included about 30 farms.

article thumbnail

The Mass Adoption of Cryptocurrency in Countries!

Supply Chain Game Changer

With its transparency, speed, and lower global transaction fees, the cryptocurrency realm is now an attractive option for traditional banks in the finance industry. The global nature of the cryptocurrency industry is having a significant effect on supply chain management positively.

article thumbnail

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. South Korea based LG Chem announced this week a planned $3.2 Industry Supply Network Implications. Announcement. and other global regions.