article thumbnail

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.

article thumbnail

August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

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. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The two recognized PMI reports for U.S. The two recognized PMI reports for 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

Told You So Moment for Akio Toyoda

Supply Chain Matters

The results of that strategy came to light in the reporting of Tesla’s latest Q3 financial performance that missed on revenue and especially profitability objectives which caused investors to precipitate a 15 percent decline in the company’s stock price last week in questioning the poor performance.

article thumbnail

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. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The July reported value of 48.7 The July reported value of 48.7 declined 0.7

article thumbnail

China’s Export Restrictions on Germanium and Gallium  

Resilinc

In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. Only a handful of companies in Japan, Russia, South Korea, and Canada produce gallium at the required level of purity; and that only accounts for 20% of global gallium exports.

article thumbnail

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. The highly anticipated iPhone 8 is rumored to feature a bezel-less design, stainless steel, glass chassis, a 5.8-inch inch and 5.5-inch inch orders.

article thumbnail

Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

China, Japan, and South Korea are among the top consumers , driven by their increasing demand for lithium-ion batteries in electric vehicles and other high-tech applications. To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production.

Alloy 58