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

ivalua

The Act is broken down into two divisions: Part A: Domestic Manufacturing of Semiconductor Chips and Part B: Research and Innovation to drive the future agenda and address gaps in semiconductor R&D infrastructure and security. 2022) Source. In addition, reshoring production of this crucial component to the U.S. How can Ivalua help?

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America Needs a Tune-up for Its Innovation Engine

Enterra Insights

For a century or more, the United States has been known as one of the most innovative countries on Earth. ”[1] Many pundits now believe America’s innovation engine is sputtering and is in need of tune-up. .”[1] ”[3] China is trying to do just that, while the American innovation engine sputters.

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The Mass Adoption of Cryptocurrency in Countries!

Supply Chain Game Changer

However, there are plenty of benefits to be gained from this trend – while digital currencies offer flexibility and innovation to traditional industries, as per experts, cryptocurrency will be a powerful force in the global economy. However, a growing amount of innovation and investment is being made within the US.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. If there is only one supplier in the world providing a critical component, “do I need to dual source? You could ask, what if there was an earthquake in South Korea? They call this their “n-tier” supply chain.

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Supply Chain Matters depicts Samsung Electronics as an industry supply chain bellwether because of the company’s unique business model as being a smartphone, consumer electronics and appliance producer, as well as a key industry-wide supplier and technology innovator.

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Tech OEMS battle it out in the semiconductor value chain

Resilinc

Hungary’s well-connected location puts us much closer to our European customers so that we can fulfil and sustain their needs while remaining at the forefront of innovation,” the company said in a news release. Not coincidentally, the company opened its first in-house European manufacturing facility in Budapest in June.

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This Week in Supply Chain Management Tech July 14 2022

Supply Chain Matters

based EV battery production facilities include South Korea headquartered LG Energy Solution , Samsung SDI and SK Innovation , each with a designated branded automotive partner. Toyota has further announced plans to source an EV battery production facility in the U.S.