Doing Business in South Korea

QAD

South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by North Korea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea.

IAG Cargo Restarts London to South Korea Service

Supply Chain Brain

IAG Cargo, the cargo division of International Airlines Group has announced a return of its direct service from the United Kingdom to South Korea.

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The Folding Phones’ Supply Chain in China and South Korea

Insights Solutions Global

What do folding phones mean to the supply chain in China and South Korea? Samsung and Huawei rejuvenile the folding phones topic. What opportunities are there left? Insight

The Folding Phones’ Supply Chain in China and South Korea

Insights Solutions Global

What do folding phones mean to the supply chain in China and South Korea? The post The Folding Phones’ Supply Chain in China and South Korea appeared first on Insight Solutions Global. Samsung and Huawei rejuvenile the folding phones topic. What opportunities are there left? Insight

Supply Chain Weekly Wrap-Up 06/03/2022-06/09/2022

All Things Supply Chain

Supply Chain Weekly Wrap-Up 06/10/2022-06/16/2022

All Things Supply Chain

In the Belly of the Beast: Samsung Electronics’ Supply Chain and Workforce in South Korea

Supply Chain 24/7

This paper discusses Samsung Electronics’ importance to the South Korea economy, its ownership structure and its system of supply and production. It centres on an in-depth analysis of the organization of Samsung Electronics’ supply chain, assessing the electronics giant’s specific relationship to the companies that compose each layer of this complex system

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

General News Products Response Management Sales and operations planning (S&OP) Supply chain management 2008 US beef protest in South Korea Beef Business Business process Cargill Colorado Competitive advantage Customer Supply chain by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money.

Alibaba to support small Korean exporters with logistics services

The Supply Chain Journal

Alibaba launched bundled import/export services in South Korea last October for trade with China. Alibaba launches South Korea logistics service.

Iran to unveil LNG orders in South Korea and China

Logistics Middle East

Iran preparing a series of major LNG tanker orders from South Korea shipyards once sanctions lifted

EU Aims for U.S. Deal to Resolve EV Subsidy Dispute

Supply Chain Brain

is seen as discriminatory by the EU, South Korea and other trading partners The U.S. Inflation Reduction Act, which provides subsidies to support green technologies in the U.S.,

Supply Chain Weekly Wrap-Up 02/04/2022-02/10/2022

All Things Supply Chain

UK and South Korea to sign deal to reinforce pandemic-damaged supply chains This week, the United Kingdom and South Korea will sign an agreement to reinforce damaged supply lines for… General Weekly wrap-up brexit chips EU news pandemic protests semiconductor shortage supply chain supply chain shortages trade truckers trucking

Bahri orders five additional VLCCs from South Korea

Logistics Middle East

Bahri has exercised its options for five additional VLCC newbuilds with South Korea's Hyundai Samho Heavy Industries

Korean’s Biggest Shipping Line to Invest $11 Billion on Expansion

Supply Chain Brain

South Korea’s biggest shipping company plans to invest 15 trillion won ($11.4 billion) by 2026 on new ships and terminals to strengthen its competitiveness and comply with tighter environmental regulations

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

Supply Chain Weekly Wrap-Up 03/26/2021 – 04/01/2021

All Things Supply Chain

Blockade in Suez Canal hits global economy The blockade in the Suez Canal, along with other disruptions in global supply chains, is becoming a problem for the global economy, which… General Weekly wrap-up automakers delivery services DHL Hyundai shipping south korea suez canal supply chain supply chain weekly wrap-up

ZIM to Launch a New North China–Australia Express Service

Supply Chain Brain

a global container liner shipping company, announced the launch of North China–Australia Express (C3A), ZIM’s new express service, connecting major ports in North China, South Korea and Australia ZIM Integrated Shipping Services Ltd.,

Maersk Line orders 11 20,000-teu ships from South Korea

Logistics Middle East

Maersk Line has placed a US $1.8-billion order for 11 mega container ships, with an option for six more

Supply Chain Weekly Wrap-Up 02/04/2022-02/10/2022

All Things Supply Chain

Ford, SK Building $11.4 Billion Electric Truck, Battery Plants

Supply Chain Brain

and South Korea’s SK Innovation Co. Ford Motor Co. plan to spend $11.4 billion to construct three battery factories and an assembly plant for electric F-Series pickup trucks in Tennessee and Kentucky, the biggest investment in the U.S. automaker’s history

Supply Chain Graphic of the Week on What Countries Spend the Most on Research and Development

Supply Chain Digest

South Korea by Far Tops the List, with the US at Number 4

Supply Chain News on What Counties are Most Ready for Robots and AI

Supply Chain Digest

New Study from The Economist Ranks South Korea on Top, US in Ninth Place

Lost at Sea

APICS

One of the world’s biggest shipping companies, South Korea-based Hanjin Shipping, filed for bankruptcy earlier this month, leaving as much as $14 billion worth of cargo floating and manufacturers uncertain, according to The Wall Street Journal The title of this week’s Supply Chain Management Now isn’t from a new Hollywood thriller; this situation is real, and it’s serious.

Global Logistics—November 2014

Inbound Logistics

North Korea,South Korea,and Russia team up to test new trade partnership,GS1 global registry sets new standard with 15 million products,Middle East airports face growing congestion problem,Puerto Rico makes Panama Canal transshipment play with Port of the Americas project,Britain introduces supply chain slavery bill

Plastics Supply Chain Turns Off the Tap

Inbound Logistics

The New NAFTA winners and losers; shippers need larger customs bonds; Panama Canal sets record annual cargo tonnage in fiscal year 2018; South Korea trade growth remains positive in Q4 2018; the EU countries importing the most coffee; Feelunique partners with SEKO Logistics for cross-border growth into China; first global network of ocean-bound plastics supply chains

The Mass Adoption of Cryptocurrency in Countries!

Supply Chain Game Changer

Japan and South Korea in the cryptocurrency ecosystem. Japan and South Korea have been neck-to-neck regarding blockchain and cryptocurrency over the last few years. China’s cryptocurrency users are correspondingly leaning towards exchanges based in South Korea. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Legal Status of Bitcoin in El Salvador?

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

South Korea based LG Chem announced this week a planned $3.2 Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement.

COVID-19 Global Trade Is Quickly Recovering

Operations and Supply Chain Management

The recovery isn’t being felt evenly but countries where trade has improved, including China, South Korea and Germany, in general are seeing their economies bounce back.

12 HMM container ships’ sticker price $1.57 billion

The Supply Chain Journal

The ocean carrier said it had signed the newbuild contracts with Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries, both located in South Korea. HMM announced Tuesday that it will pay $1.57

South Korean company bringing delivery drones to Phoenix

The Supply Chain Journal

South Korea-based Pablo Air announced Wednesday the expansion of its drone delivery business into Phoenix, signing a memorandum of understanding with three local companies to begin testing its established services, as well as its newer innovations.

Alibaba cargo flights supply duty-free shopping zone in China

The Supply Chain Journal

Hainan will be a pivotal priority for Caniao in the coming years, and we expect to open more direct cargo routes to link Japan, South Korea, Australia, New Zealand and Europe to Hainan soon,” said James Zhao, Cainiao’s general manager for global supply chain, in a statement.

Cargo 81

Port Houston sees $75B in trade in first half of 2021

The Supply Chain Journal

billion) and South Korea ($3.4 Port Houston’s trade increased 17% during the first half of the year, boosted by exports of gasoline, liquefied natural gas and oil, according to WorldCity analysis of U.S. Census Bureau data.

FreightWaves Classics: The importance of logistics in the Korean War

The Supply Chain Journal

However, the three-year war, which pitted communist and capitalist forces against each other, set the stage for seven decades of ongoing tension among North Korea, South Korea and the United States. The result was a complete rout of the South Koreans, who were unprepared for war.

South Korean firm Hypower Lab pushes hydrogen-powered drones

The Supply Chain Journal

Hypower Lab , a South Korean-based hydrogen company, has announced it will work to commercialize a hydrogen fuel cell drone. The companies will work to develop drones for multiple applications in both Russia and South Korea.

Lithium and Graphite Shortage Stifles U S Battery Manufacturing Growth

Operations and Supply Chain Management

Battery-manufacturing giants such as South Korea’s LG Chem and SK Innovation are building factories in the U.S. Growing interest in electric vehicles is spurring efforts to build a U.S. supply chain for manufacturing lithium-ion batteries.

Cross-border demand for luxury purchases driving post-Covid recovery as global D2C demand increases by 50% in 2021

Manufacturing & Logistics IT

With global demand for luxury being driven by shoppers from China, UAE, South Korea and India, increasingly consumers are now happy to forego the ‘white-glove’ in-store experience for online convenience, the latest data from eShopWorld (ESW) reveals Luxury goods were the fastest growing cross-border ecommerce category in the first half of 2021, increasing by 50% compared to the end of 2020.

The coronavirus supply chain

Supply Chain Movement

The media coverage of supply chain has increased exponentially as a result of the coronavirus epidemic in China, South Korea and Italy. All companies that produce and ship tangible goods are currently working hard to assess the impact of the outbreak on their own supply chains.

UPS unit Marken expands network to support clinical trial logistics demand

The Supply Chain Journal

As part of the geographic expansion, Marken will develop facilities in South Korea and sub-Saharan Africa, the company said. Marken, a wholly owned subsidiary of UPS Inc.

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*. US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research.

How Arena Helps Nascent UAM Industry Take Flight

Arena Solutions

In the Asian market, the Jeju Island in South Korea recently announced that tourists will be able to hop on a UAM or air taxi to shuttle to major tourist spots using coastal routes between three heavily frequented locations in Jeju by 2025.