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CHIPS Act Funds SK hynix's $3.87 Billion Investment in U.S. Semiconductor Supply Chain

12/19/2024 | U.S. Department of Commerce
The Biden-Harris Administration announced that the U.S. Department of Commerce awarded SK hynix up to $458 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.

Ventec Confirms Thailand as Location for New State-of-the-Art PCB Material Manufacturing Facility

12/17/2024 | Ventec International Group
Ventec International Group Co., Ltd. announces that Thailand has been selected as the location for its new state-of-the-art PCB materials manufacturing facility.

Foxconn Honored with Seven TAISE Sustainability Awards

12/17/2024 | Hon Hai Technology Group
Hon Hai Technology Group (Foxconn), a global technology leader, has been recognized with seven prestigious awards from the Taiwan Sustainable Energy Research Foundation (TAISE) Sustainability Series. This recognition underscores the company’s commitment to environmental sustainability and social responsibility.

Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing

12/10/2024 | Bob Duke -- Column: Global Sourcing Spotlight
In global sourcing, obvious factors often dominate the conversation: cost, quality, and logistics. However, often overlooked is the impact of local holidays and schedules, such as the Chinese New Year. The current holiday season in the Western world got me thinking about how worldwide holiday schedules can affect commerce and, specifically, global sourcing. These events can have a profound effect on your supply chain, leading to delays, increased costs, and even strained relationships with suppliers. Understanding and planning for these variables is not just best practice; it's necessary for anyone serious about global sourcing.

Does China Plus One Actually Work?

12/10/2024 | Manfred Huschka, Manfred Huschka Management Consulting (Shenzhen) Ltd.
We all know of the current geopolitical challenges between the U.S. and China, which have motivated companies to investigate shifting supply chains to other countries, including Vietnam, Thailand, Mexico, India, and Malaysia while continuing to source mainly from China. This strategy is being referred to as China Plus One. In this two-part article, I will summarize the current economic trends in China, and look at the trends in wider Southeast Asia.
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