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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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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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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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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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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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.
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
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 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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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.
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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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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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'
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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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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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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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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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.
South Korea Reinstates Japan on List of Countries That Receive Preferential Trade Treatment
Supply Chain Brain
APRIL 25, 2023
The country’s capital plans on further restricting technological and industrial exports to Russia and Belarus as a show of support for the United States' pressure campaign against Moscow.
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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.
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.
Samsung Electronics 2023 Financials-Weakest Profitability in a Decade
Supply Chain Matters
FEBRUARY 5, 2024
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.
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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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Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends
The Logistics & Supply Chain Management Society
APRIL 19, 2023
The subsequent rankings in the 2021 Production Statistics revealed that South Korea had overtaken Germany and Mexico, and Southeast Asian countries such as Thailand, Indonesia and Malaysia have moved up the world ranking for car production.
South Africa Plans $1.5bn Water Fund with Climate Finance
Supply Chain Brain
JUNE 22, 2023
The Development Bank of Southern Africa has applied to the South Korea-based Green Climate Fund for $235 million, according to documentation on the fund’s website.
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2018: The Winter Olympics, a royal wedding, space exploration and, of course, big supply chain planning events
Kinaxis
JANUARY 15, 2018
This year will also see athletes from around the globe gather in Pyeongchang, South Korea to go for gold at the 2018 Winter Olympics. I know this to be fact because I am a January people. Royals” fans will be glued to their TVs and personal devices to watch Prince Harry wed actress Meghan Markle at St. George’s Chapel in England.
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U.S. Passes China as South Korea’s Top Export Market
Supply Chain Brain
JANUARY 2, 2024
South Korea sold $11.3 billion of goods to the U.S. in December 2023, beating out China by roughly $400 million.
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BD Achieves End-to-End Supply Chain Visibility
Logistics Viewpoints
SEPTEMBER 7, 2022
You could ask, what if there was an earthquake in South Korea? All those different variables go into helping us reduce the risk in a product line.” Mr. Nelson went onto explain that there are many different resilience scenarios that can be run with Everstream. You can see that you have four suppliers that might be of concern.
Bahri orders five additional VLCCs from South Korea
Logistics Middle East
JULY 1, 2015
Bahri has exercised its options for five additional VLCC newbuilds with South Korea's Hyundai Samho Heavy Industries.
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Sinking Global Trade Hurts Asia, Helps Western Countries
Supply Chain Brain
JUNE 27, 2023
In May 2023, exports from South Korea were down 11% over the last 12 months when compared to levels recorded during September 2022.
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100 Lost at Sea
APICS
SEPTEMBER 16, 2016
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.
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China’s Export Restrictions on Germanium and Gallium
Resilinc
AUGUST 15, 2023
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. However, when it comes to more advanced technology like satellites and military applications, silicon won’t cut it. Do other countries mine gallium?
TSMC Plans for First European Based Semiconductor Chip Plant
Supply Chain Matters
AUGUST 11, 2023
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.
How 2011 Prepared Us for Today
ivalua
MAY 7, 2020
Large trading partners included China, the United States, Australia, and South Korea. Agriculture, financial services, biotech/pharmaceuticals and telecommunications also accounted for a large portion of Japan’s GDP. . The interdependence of the global supply chain guaranteed the effects would extend far beyond the Japanese economy. .
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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending
Supply Chain Matters
OCTOBER 4, 2022
South Korea. We continue to make mention of the S&P Global South Korea Manufacturing PMI® which continues to reflect a theme of a quickened downturn in the country’s manufacturing sector. The September PMI value fell deeper into contraction at a reported value of 47.3, slipping 0.3 percentage points from July’s value.
Supply Chain Graphic of the Week on What Countries Spend the Most on Research and Development
Supply Chain Digest
MAY 3, 2018
South Korea by Far Tops the List, with the US at Number 4
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