Semiconductor
Geopolitical Risk Electronics
LOW Severity
low impact
Samsung builds chip supply chain on home turf to cut overseas risk
04 Sep 2021, 12:30 IST04 Sep 2021, 12:30 ISTRelevance: 85%

📊Executive Summary
Samsung Electronics is investing in a network of chip equipment and materials suppliers within South Korea to mitigate risks associated with geopolitical tensions, particularly the trade conflict with Japan and the U.S.-China relations. This strategic move aims to bolster its supply chain resilience by reducing reliance on foreign suppliers, especially in the semiconductor sector where South Korean manufacturers have gained a competitive edge over Japanese counterparts. The initiative involves partnerships with at least nine companies, enhancing local sourcing capabilities and potentially stabilizing supply amidst global uncertainties....
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Classification
Industries
Consumer Electronics
Industrial & Manufacturing
Components
Semiconductors & ICs
Regions
South Korea
Topics
Semiconductor
Geopolitical Risk Electronics
