Experts call for more incentives for high-tech companies to reshore

September 17, 2023

Experts gathered at the National Assembly to call for fortifying reshoring policies, or policies that will support high-tech Korean companies to bring outsourced overseas operations back to Korea, as a part of the national agenda, amid increased demand to ramp up domestic economic security. “The United States-China conflict and the consequent supply chain collapse experienced […]

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The Key Factors Influencing the Rise of Manufacturing Reshoring

September 14, 2023

As part of Solutions Review’s Contributed Content Series—a collection of articles written by industry thought leaders in maturing software categories—Maggie Slowik, Global Industry Director for Manufacturing at IFS, explores the key factors influencing the rise of manufacturing reshoring and the positive impacts on a rebound for U.S. manufacturing.   The manufacturing industry has not yet recovered […]

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UCF Part of Team Selected for NSF Regional Innovation Engines Competition

September 14, 2023

The U.S. National Science Foundation (NSF) has selected the NeoCity-based BRIDG project — which UCF is a partner of — as one of the 16 finalists for its inaugural Regional Innovation Engines competition. Established in accordance with the CHIPS and Science Act, the competition aims to foster innovation and collaborative technology-driven ecosystems across the nation. […]

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The Case for Returning U.S. Manufacturing from China

September 14, 2023

Over the past 40 years, demand for cheaper goods pushed American factories and sourcing offshore to China. Now that China has positioned itself as a challenger to U.S. global leadership, the relationship has changed and the geopolitical risk of manufacturing or sourcing in China has grown. This changes the calculus for firms making sourcing decisions. […]

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Governor Lujan Grisham to lead Taiwan trade mission – Focus to be on reshoring Asian manufacturing to New Mexico

September 14, 2023

TAIPEI, Taiwan– New Mexico Gov. Michelle Lujan Grisham will lead a business and trade mission to Taiwan on Sunday to participate in U.S. Business Day and meet with Taiwan President Tsai Ing-wen, Minister of Economic Affairs Wang Mei-hua and manufacturing companies interested in locating to the state. Gov. Lujan Grisham will speak on September 19 […]

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What is reshoring and what are its effects?

September 14, 2023

Whether we’re talking about the extraction of materials or the construction of components, reshoring – the phenomenon of bringing the various stages of production back home – will be crucial to the development of renewable energy in Europe. It will enable it to become independent from foreign countries and self-sufficient in the supply of raw […]

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Samsung, SK hynix Most Affected by Semiconductor Supply Chain Restructuring

September 12, 2023

Amid the global restructuring of the semiconductor supply chain, Samsung Electronics and SK hynix are likely to be the most affected by decisions related to U.S. licenses. On Sept. 11, the Korea Institute for International Economic Policy (KIEP) reported in its Global Semiconductor Supply Chain Restructuring study that Korean companies, especially those with factories in […]

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Digital Supply Chain Tops ASCM’s Top 10 Supply Chain Trends for 2024

September 12, 2023

If the COVID-19 years taught supply chain managers anything, it was to expect disruption. And while those on the ground deal with disruption almost on a daily basis in 2023, it is not the top item on the minds of supply chain practitioners heading into 2024. In fact, it isn’t number two either.  It is […]

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Robeco publishes Expected Returns 2024-2028: ‘Triple Power Play’

September 12, 2023

Robeco presented its thirteenth annual Expected Returns report. The 5-year outlook predicts significant power dynamics that will shape the economic landscape in the coming years. These dynamics include the friction caused by deploying capital at the expense of labor, the battle between fiscal and monetary policy, and the deteriorating relations between the United States and […]

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Waterloo’s Clearpath Robotics sold to Rockwell Automation for US$600-million plus

September 12, 2023

American industrial automation giant Rockwell Automation Inc. ROK-N has agreed to buy Waterloo, Ont. autonomous robot maker Clearpath Robotics Inc., in a deal that could exceed US$600-million in value. Rockwell announced the deal last week, and did not disclose the price. But four sources familiar with the matter said Rockwell is paying between US$550-million and […]

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