- Unpacking the Complexity: The Ongoing Semiconductor Conundrum in the Automotive Sector
In the current landscape, the automotive sector's angst over semiconductor shortages offers a lens into larger supply chain complexities. Despite forecasts indicating a respite in semiconductor shortfalls by mid-2023, industry insiders remain sceptical, questioning prior analyses that suggested easing constraints. While no modifications are made to earlier projections, it's imperative to dissect the nuanced developments […]
- Murata Manufacturing Spearheads Joint Venture to Bolster Barium Titanate Supply Chain Amid Rising Demand
On September 1, 2023, Murata Manufacturing, in concert with Ishihara Sangyo and Fuji Titanium Industry, officially established MF Material, a new corporate entity headquartered in Nobeoka City, Miyazaki Prefecture. The joint venture aims to oversee the production, quality assurance, and raw material procurement of barium titanate, a crucial component for multilayer ceramic capacitors. With an […]
- Corning Designates Korea as Epicentre for Bendable Glass Supply Chain, Bolstered by Samsung Partnership
In a strategic manoeuvre to capture the burgeoning market for bendable glass, Corning Incorporated has chosen South Korea as its central hub for the entire production process of this innovative material. Wendell Weeks, Corning's CEO, cited the longstanding partnership with Samsung Electronics and particularly his relationship with its Chairman, Lee Jae-yong, as pivotal factors in […]
- US Treasury Sanctions Russian Individuals and Entities Tied to North Korean WMD Revenue Streams
In an assertive move that intensifies geopolitical tensions in the East Asian sphere, the United States Treasury Department has instituted sanctions against Jon Jin Yong and Sergei Kozlov, both residing in Russia. The duo stand accused of orchestrating revenue generation schemes for North Korean institutions associated with the development of weapons of mass destruction (WMDs). […]
- India Advances Space Aspirations with Solar Mission Following Lunar Landing Success
After capturing global attention with a pioneering lunar landing near the moon's untouched south pole, India's space agency is setting its gaze sunward. The Indian Space Research Organization (ISRO) announced on Monday that it is slated to launch Aditya-L1, the nation's maiden solar observatory, on September 2nd. A Focused Mission The upcoming venture aims to […]
- POSCO Future M Reassesses China JV Strategy Amidst US Regulatory Headwinds
As legislative uncertainty looms in the United States, POSCO Future M is rethinking its joint venture approach with Chinese entities. Kim Joon-hyung, the President of POSCO Future M, laid out these recalibrated plans during a strategic presentation at the POSCO Center in Seoul's Gangnam district. Should the forthcoming US Inflation Reduction Act (IRA) designate China […]