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 01/22/2021 – 01/28/2021

All Things Supply Chain

Amazon halts alcohol sales in Northern Ireland due to new Brexit rules Amazon has stopped the sales of wines, beers and sprits in Northern Ireland and is preparing to de-list… General Weekly wrap-up amazon brexit chip manufacturer freight northern ireland samsung south korea supply chain supply chain weekly wrap-up UPS USA

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.

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

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

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

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

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.,

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

All Things Supply Chain

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 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

Why the U.S. Lags Asia in Use of Robots in Factories and Warehouses

Supply Chain Brain Podcast

China, Japan and South Korea rely far more heavily on robots for manufacturing and distribution than does the U.S.

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

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

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

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.

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.

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.

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

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.

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 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.

Ransomware gang behind Utility, CSX attacks feels heat in Ukraine

The Supply Chain Journal

and South Korean law enforcement and Interpol. Footage of Ukrainian and South Korea police raiding the homes of alleged members of the Clop ransomware gang. Ukrainian police have dealt a serious blow to the ransomware gang behind the cyberattacks in the U.S.

President of Panama lauds nations’ ties in visit to Port Houston

The Supply Chain Journal

billion), Brazil ($810 million), Germany ($755 million) and South Korea ($720 million). Panamanian President Laurentino Cortizo Cohen, on a visit to Port Houston , celebrated his country’s expansion of the Panama Canal and its effect on the biggest port along the Texas Gulf Coast.

Build Resilient Supply Chains That Weather Disruptions 

Logility

For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea. Truly resilient supply chains can only be built with complete visibility.