In late July, U.S. Commerce Secretary Gina Raimondo said things were getting better for automakers suffering chip shortages that have shuttered plants and crippled production. Not that much better, it turns out.
The global semiconductor shortage and other supply chain troubles will be a focus of Vice President Kamala Harris’s trip to Southeast Asia later this month, where she also aims to shore up U.S. relations with countries at China’s doorstep.
In both cases for potential international expansion, the world’s biggest chipmaker will look to share the cost, whether with customers or government authorities eager to bring its business within their borders.
Some of the world’s biggest footwear and garment companies are seeing production pinched as factories in Southeast Asia struggle to keep the lights on amid one of the world’s deadliest COVID-19 resurgences.
Andrew Viteritti, commerce and regulations lead with The Economist Intelligence Unit, shares the conclusions of a recent whitepaper that predicts no major shift of manufacturing from Asia to North America over the next four years.
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
Disco Corp., a Japanese maker of semiconductor equipment, has a novel approach to remote work — those who choose to stay home pay the colleagues who brave the commute to show up in the office.
The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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