1BUY.AI | AI-Powered Electronics Procurement Intelligence

Regulatory & Policy
Geopolitical Risk Electronics
Labor & Workforce
WATCH Severity
low impact

Modern slavery persists in tech supply chains, report finds

01 Jun 2023, 12:30 IST01 Jun 2023, 12:30 ISTRelevance: 85%
Modern slavery persists in tech supply chains, report finds

📊Executive Summary

A recent report by Walk Free highlights the significant risk of modern slavery in the tech supply chains, particularly in the electronics sector. The report estimates that $468 billion worth of imported goods are at risk of being produced by forced labor, with electronics from China and Malaysia accounting for the highest value at-risk imports, totaling $243.6 billion. The report emphasizes the need for transparency in supply chains to mitigate these risks, especially as regulatory pressures, such as the Uyghur Forced Labor Prevention Act, increase. This situation poses potential sourcing risks for companies reliant on these regions for electronics manufacturing....

More Insights Available

⚠️Risk Assessment
🏭Affected Sectors

Unlock Full Analysis

Sign in to access the complete executive brief, risk analysis, and full article content.

Classification

Industries

Consumer Electronics
Industrial & Manufacturing

Regions

China
Malaysia

Topics

Regulatory & Policy
Geopolitical Risk Electronics
Labor & Workforce