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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. South Korea. Economists currently warn that these trends are subject to significant change as the rapidly increasing value of the U.S. slipping 0.3

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Forced Labour and Exploitation in Supply Chains

Savant Events

Australia, France, Switzerland, the USA (and individual states) and Mexico also have legislation in force, while the Netherlands, South Korea and New Zealand are among the countries with legislation either proposed or passed but yet to come into force.

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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. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . South Korea.

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.

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Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

In this Ferrari Consulting and Research Group Thought Leadership Perspective viewpoint, we highlight added signs of China and global-wide production contraction and the implications of such trending. Even if that was true, the declines imply a trending toward declining demand for Chinese manufacturers. percent this year compared to 5.2

China 52
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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Report authors noted that sector data of new orders indicated that contraction occurred across consumer, intermediate and investment goods industries. All rights reserved.

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TSMC Plans for First European Based Semiconductor Chip Plant

Supply Chain Matters

South Korea recently announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. based fabrication capabilities. Likewise, Japan has been addressing added domestic investments in advanced semiconductor materials and components.