Chipmakers Invest Billions to Expand Semiconductor Capacity
Chipmakers struggled to keep up with increased demand while being hit by multiple supply chain disruptors: COVID-19, the Russia/Ukraine Conflict and global lockdowns in China and abroad. In order to find a solution to the shortages, chipmakers are looking at investment opportunities and business expansions. …
Case Study: How Soberlink Avoided Production Delays
The Challenge: Difficulty Sourcing Alternative Parts In a recent survey conducted by Foley, 77% of supply chain managers stated that they have not used automation software at their companies. This makes sourcing parts and components incredibly difficult: engineers must spend an average of 5 hours a…
Regulation and Compliance updates
Moscow Threatens Lithuania for Rail Blockade
On Tuesday, June 20, 2022, Russia demanded Lithuania to lift their “illegal” rail blockade of goods being transported to Kaliningrad, a Russian province isolated from the main Russian borders by Lithuania and Poland. Lithuania has shut down the railway for transport of coal, steel, and…
Industry News | Regulation and Compliance updates
Uyghur Forced Labor Prevention Act on Supply Chain
On June 21st, 2022, the Uyghur Forced Labor Prevention Act went into effect. This law will ensure that goods made with forced labor in the Xinjiang Uyghur Autonomous Region (XUAR) of the People’s Republic of China do not enter the United States market. This affects…
Regulation and Compliance updates
EU Proposes Two New Substances to RoHS
June 27, 2022 – In May of 2022, following technical assessments, the European Commission proposed adding two substances, tetrabromobisphenol A (TBBP-A) and medium-chain chlorinated paraffins (MCCPs) to the EU RoHS Annex II (Restriction of Hazardous Substances). EU RoHS 2 now includes a total of 10 restricted…
COVID-19 Impact Updates | Industry News | Supply Chain
Shanghai Business Returns after Two Months of COVID Lockdown
June 25, 2022 – June 1st, 2022, Shanghai ended two months of total COVID-19 lockdown. Shops have reopened and people are allowed back into offices, parks and public areas. Over 25 million residents are now free to resume life and work operations as before. Foreign…
COVID-19 Impact Updates | Industry News | Supply Chain
ELM Electronics, OBD-II Chip Maker, Shuts Doors
June 24, 2022 – After more than 24 years of business, ELM Electronics is set to close its doors on June 30, 2022. ELM Electronics has been a part of the electronics and integrated circuits industry since its founding in 1998. They manufacture a wide…
Supply Chain | Ukraine/Russia Conflict
Ukraine Pauses All Exports of Gas & Coal
June 23, 2022 – Ukraine has announced a suspension of all exports of natural gas, coal and oil as a result of Russia’s invasion of Ukraine. In a statement released by Ukrainian President Vladimir Zelensky, the suspension of these commodities come in anticipation of a…
Russia Bans Export of Neon Gas – Essential Element in Electronics Chip Manufacturing
In the ongoing retaliatory back-and-forth between Russia and the rest of the world on trade, Russia has issued the latest offensive by banning inert noble gases like helium and neon from being exported. Russia and Ukraine Own 80% of Global Neon Supply Russia and Ukraine…
Best Practices | Industry News
The Current & Future State of Global Supply Chain
Know the Impacts, Act on The Insights Global markets are still reeling from the downstream effects of multiple heavy-hitting global crises. From hurricanes and tsunamis to geopolitical conflicts and labor shortages, there is no shortage of supply chain predicaments. These events cause postponed deliveries, shut-down…