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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. 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. The August 2022 J.P.

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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

South Korea based LG Chem announced this week a planned $3.2 According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee.

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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. The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The July reported value of 48.7

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Told You So Moment for Akio Toyoda

Supply Chain Matters

His successor as CEO , Koji Sato, who previously led the auto maker’s Lexus luxury vehicle division, subsequently called for an “ EV-first mindset ” including the accelerated development of supply chain and manufacturing methods optimized for EV vehicle platforms. billion Michigan battery production facility.

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China’s Export Restrictions on Germanium and Gallium  

Resilinc

All these modern products are manufactured using the key commodities germanium and gallium. Unfortunately, China has just issued critical restrictions on these commodities, creating a cause for concern for many businesses and manufacturers in the high-tech and semiconductor space. Do you know what these products have in common?

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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 Apple’s OLED iPhone orders , and a small volume of 4.7-inch

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Global Manufacturers' Supply Chains Strain to Keep Up With Faster Economy

Material Handling & Logistics

A slew of global purchasing managers indexes all point to deep supply constraints as this year's economy looks to be the strongest since 2011. A slew of purchasing managers indexes published on Jan. A slew of purchasing managers indexes published on Jan. 2 from China, Germany, France, Italy and the U.K. China Growth.