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South Korea and Indonesia to Cooperate More on Key Minerals, Advanced Industries

Supply Chain Brain

The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.

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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. The report specifically cites data from Mexico’s national auto parts industry association indicating that the value of Chinese auto parts produced in Mexico and exported to the U.S.

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Top Global Chipmakers Resist Biden Bid for Supply Chain Data

Supply Chain Brain

A Biden administration effort to untangle global chip supply snarls is facing resistance from lawmakers and executives in Taiwan and South Korea, complicating attempts to resolve the bottlenecks hurting industries from automobiles to consumer electronics.

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. The post Breaking Industry Supply Chain News from Tesla first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. More to come.

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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*. The Semiconductor Industry Association, the leading U.S. semiconductor industry group, estimates that the CHIPS Act will add $24.6 The Semiconductor Industry Association, the leading U.S.

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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.

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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.