South Korea to Strengthen Supply Chain Cooperation with India
Supply Chain Brain
APRIL 9, 2023
President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.
South Korea Related Topics 
The Folding Phones’ Supply Chain in China and South Korea
Insights Solutions Global
MARCH 6, 2019
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?
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The Folding Phones’ Supply Chain in China and South Korea
Insights Solutions Global
MARCH 6, 2019
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?
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Supply Chain Weekly Wrap-Up 02/04/2022-02/10/2022
All Things Supply Chain
FEBRUARY 11, 2022
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…
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Top Global Chipmakers Resist Biden Bid for Supply Chain Data
Supply Chain Brain
OCTOBER 7, 2021
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.
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South Korea and Indonesia to Cooperate More on Key Minerals, Advanced Industries
Supply Chain Brain
JULY 24, 2023
The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.
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In the Belly of the Beast: Samsung Electronics’ Supply Chain and Workforce in South Korea
Supply Chain 24/7
SEPTEMBER 4, 2016
This paper discusses Samsung Electronics’ importance to the South Korea economy, its ownership structure and its system of supply and production.
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IAG Cargo Restarts London to South Korea Service
Supply Chain Brain
DECEMBER 2, 2020
IAG Cargo, the cargo division of International Airlines Group has announced a return of its direct service from the United Kingdom to South Korea. A route that was paused due to the pandemic.
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A Pause to the Rush of Life – Part 2
BlueYonder
SEPTEMBER 13, 2023
Forest Bathing (South Korea): Known as “shinrin-yoku” in Japan and gaining popularity in South Korea, forest bathing involves immersing oneself in nature and connecting with the natural world. This cultural approach recognizes the benefits of a midday break for relaxation.
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Samsung Electronics Reports Six Fold Quarterly Profit Increase- Striking Workers Return to Work
Supply Chain Matters
AUGUST 7, 2024
Striking Workers Temporarily Return to Work On July 9th Supply Chain Matters alerted our readers to reports that production workers at Samsung Electronics had initiated a labor disruption strike action involving this company’s semiconductor production facilities in South Korea.
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Samsung Electronics Workers in South Korea Go on Four-Day Strike
Supply Chain Brain
AUGUST 15, 2024
The union representing Samsung Electronics workers has been pushing for a wage increase and a more favorable bonus structure since the start of the summer.
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The Mass Adoption of Cryptocurrency in Countries!
Supply Chain Game Changer
NOVEMBER 21, 2022
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.
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The coronavirus supply chain
Supply Chain Movement
MARCH 6, 2020
The media coverage of supply chain has increased exponentially as a result of the coronavirus epidemic in China, South Korea and Italy. In China, South Korea and Italy, there has been some drop in product demand, and at the same time it’s virtually impossible to ship goods from those countries.
Samsung Electronics Workers in South Korea Go on Strike Indefinitely
Supply Chain Brain
JULY 10, 2024
More than 6,000 unionized workers with the chip-maker's semiconductor division walked out on July 8.
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Reports of Samsung Electronics Labor Disruption
Supply Chain Matters
JULY 9, 2024
Production workers at Samsung Electronics have initiated a reported three-day labor disruption at the high tech, semiconductor and consumer electronics facilities in South Korea.
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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing
ivalua
NOVEMBER 8, 2022
In contrast, chip manufacturing has significantly increased in Taiwan, South Korea, and China over the same time period*. According to 2020 data, the U.S. only produces 12% of the world’s semiconductor chips, a significant drop from 1990 when it produced 37%.
South Korea Company Invests $3.9B in New Indiana Chip-Packaging Facility
Supply Chain Brain
APRIL 4, 2024
The new plant will mass-produce high bandwidth memory used for AI computing, and is expected to open sometime in the back half of 2028.
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Supply Chain Shortages Hit the Customer Where it Hurts
Logistics Viewpoints
MARCH 8, 2023
That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. To avoid a full-on outbreak, all farms within six miles of the affected farm in Tennessee were quarantined. This included about 30 farms.
This Week in Logistics News (June 22 – 28)
Logistics Viewpoints
JUNE 28, 2024
Flotillas of containerships and bulk carriers are growing off the coasts of Singapore, Malaysia, South Korea and China while ports in Spain and other parts of Europe look to dig out from container piles.
Continued Labor Strike Actions at Samsung Electronics
Supply Chain Matters
JULY 23, 2024
Background On July 9 th Supply Chain Matters alerted our readers to reports that production workers at Samsung Electronics had initiated a labor disruption strike action involving this company’s semiconductor production facilities in South Korea.
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Signs of Longer-Term Semiconductor Fab Regionalization Abound
Supply Chain Matters
MARCH 23, 2023
Latest Iteration Last week the Government of South Korea announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. Added Thoughts Both South Korea and Japan are being positioned by evolving U.S, based capabilities.
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South Korea Pledging More Financial, R&D Support for Shipbuilding
Supply Chain Brain
SEPTEMBER 5, 2023
As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.
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This Week in Logistics News (May 18 – 24)
Logistics Viewpoints
MAY 24, 2024
China was ranked second at 12%, followed by Denmark (9%), Australia (7%) and South Korea (6%). Private sector businesses from the U.S. were the top investors in Mexico, accounting for 38% of FDI. Mexico hit a new record for FDI in the first quarter of 2024, increasing 9% year over year to $1.2
Mercedes, BMW Reveal Battery Makers Amid Fire Fears in Korea
Supply Chain Brain
AUGUST 13, 2024
Automakers based in South Korea are taking action to address the growing fears over EV safety, after an unplugged electric Mercedes-Benz sedan caught fire.
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Doing Business in Singapore
QAD
APRIL 14, 2020
billion worth of goods to countries including China, Hong Kong, Malaysia, the US, Indonesia, Japan, South Korea and Thailand. Import partners were China, Malaysia, the US, Japan and South Korea. In 2017, Singapore exported $396.8 Imports in 2017 totaled $312.1 Political Landscape.
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Global Supply Chain Disruptions on the Rise
Supply Chain Matters
JULY 26, 2024
A further noteworthy trend pointed out was increased labor unrest occurring in countries like France , the Philippines, South Korea and Indonesia. Specifically noted were ESG related actions such as Germany’s Supply Chain Due Diligence Act , Canada’s Modern Slavery Act and the EU Corporate Sustainability Reporting Directive.
Port of Ulsan Signs $17.6M Deal to Expand Green Fuel Storage
Supply Chain Brain
AUGUST 8, 2024
The port plans expand its storage capacity for liquified natural gas, and set up corridors to provide that fuel to other shipping hubs across South Korea.
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Additional Investment in US Based Automotive EV Supply Networks
Supply Chain Matters
NOVEMBER 23, 2022
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.
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Upturn in Global Manufacturing in June- Cautionary Signs Prevail
Supply Chain Matters
JULY 2, 2024
South Korea Production Momentum Increase The S&P Global South Korea Manufacturing PMI® was headlined with “ factory orders increasing at the fastest pace since February 2022.” During Q2-2024, the average Taiwan PMI value rose to 51.4 from the average 48.0 in Q1-2024, reinforcing increased momentum. o in June from 51.6
Global Manufacturing Levels Contract Again in August 2024
Supply Chain Matters
SEPTEMBER 4, 2024
Solid growth levels were once again reported for India, along with positive growth indicators for the United Kingdom and South Korea. The S&P Global South Korea Manufacturing PMI® registered a value of 51.9 Included in the August report summary were production downturns in the Eurozone , Japan and U.S.
August 2022 Global Manufacturing Indices- Declining Momentum Accelerating
Supply Chain Matters
SEPTEMBER 3, 2022
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. Select Regional Highlights. United States. The reported August value of 47.6 represented a 2.2 percentage point from July’s reported value.
Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff
Kinaxis
DECEMBER 12, 2014
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'
Global Supply Chain Pressure Index: A Barometer of Stress
New Horizon Supply Chain Blog
JULY 5, 2022
The index draws on over two dozen metrics reflecting global transportation costs and regional manufacturing surveys across 7 regions: the USA, China, the Euro area, Japan, the UK, South Korea, and Taiwan.
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Report That Samsung is Eyeing Massive Semiconductor Production Presence in the U.S.
Supply Chain Matters
JULY 21, 2022
Samsung already has a presence in the area in what is described as the largest fab facility outside of the company’s South Korea corporate headquarters. Increased tensions among China and the U.S., the implications of the ongoing Ukraine conflict for national defense considerations, have prompted the U.S. has to do so as well.
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U.S. Announces TSMC Incentives for U.S. Based Semiconductor Production
Supply Chain Matters
APRIL 8, 2024
Investment Regarding Nvidia , South Korea based SK Hynix announced last week plans to invest upwards of $3.9 In July of 2022, Samsung announced significant plans to invest in U.S. based semiconductor production that included upwards of 11 fabrication facilities. SK Hynix U.S.
A great leap forward: Quintiq joins Dassault Systèmes
DELMIA Quintiq
JULY 24, 2014
We will have offices in Japan, South Korea, India and South America, and more. “The reason we are not selling 10 times as much software as we do today is not a technology problem – it is a scale problem.”. We have entries into the aviation, life sciences, high tech, and the automotive industry and others.”.
Samsung to Invest in South Korea Mega Chip-Making Plan
Supply Chain Brain
MARCH 14, 2023
Semiconductors, which power everything from mobile phones to military hardware, are at the center of a bitter dispute between the U.S. and China.
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Auto Industry Concerns in Sourcing Moves Within Mexico
Supply Chain Matters
FEBRUARY 28, 2024
market entry to that of Japanese automakers on the 1970’s and South Korea based makers in the 1990’s. Stellantis CEO Carlos Tavares reportedly likened the potential U.S. Tesla CEO Elon Musk himself recently acknowledged at an investor gathering that China based auto producers are now the “ most competitive ” in the world.
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Breaking Industry Supply Chain News from Tesla
Supply Chain Matters
JANUARY 25, 2023
A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. That report cautioned that a deal had not been signed and could not come to pass.
This Week in Logistics News (November 14 – 20)
Logistics Viewpoints
NOVEMBER 20, 2020
The trade partnership includes the 10 members of the Association of Southeast Asian Nations (ASEAN) as well as Japan, China, South Korea, Australia, and New Zealand – accounting for the vast majority of Asia Pacific regional economic output.
The Coronavirus Is Shattering Traditional Supply Chains
ivalua
MARCH 31, 2020
In the meantime, Hyundai’s supply-chain radar was able to quickly identify two South Korean wire harness makers who were looking for opportunities to increase production at their own factories in South Korea and elsewhere in Asia, to compensate for disruptions to the Chinese supply chain.
Where’s the beef?
DELMIA Quintiq
MAY 2, 2017
Australia might be a small piece of the global meat puzzle, with Japan, the United States, South Korea and of course, China being the key export markets.
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Ecopro, Samsung Ink Massive $34B Battery Deal Despite EV Slump
Supply Chain Brain
DECEMBER 3, 2023
T he Cheongju, South Korea-based firm inked a contract December 1 with Samsung to supply cathode-active materials worth 43.8 trillion won ($33.5 billion) between 2024 and 2028.
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Build Resilient Supply Chains That Weather Disruptions
Logility
MARCH 29, 2022
For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea. You need qualified, vetted suppliers in various global locations who can provide additional capacity when there is a surge in demand or disruption in supply.
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