Connected Sourcing

News

Post Thumbnail

Red Sea Crisis Worsens: Asian Ports Struggle with Backlogs

Shipping Delays Spread as Houthi Attacks Intensify   Major shipping company Maersk warns of potential delays in shipments due to ongoing attacks by the Houthi militia in the Red Sea. These attacks disrupt crucial shipping routes for Asian cargo vessels accessing the Suez Canal, forcing companies to take longer journeys and ultimately impacting consumers.   […]

Read More ➙
Post Thumbnail

Taiwan Earthquake: How It Affects the Global Electronics Supply Chain

A powerful 7.2-magnitude earthquake struck Taiwan last Wednesday, April 3. This was the biggest earthquake to hit the island in the last 25 years and has unfortunately caused casualties and multiple property damage across the island.   In the aftermath of the earthquake, there have been initial concerns about how the earthquake would impact the […]

Read More ➙
Post Thumbnail

China’s Industrial Production Powers Ahead by 7% in 2024

China’s industrial sector had a boost in production for the first two months of 2024 of 2024, exceeding analysts’ expectations of analysts. Based on the data released by the National Bureau of Statistics (NBS), there was a 7% increase in industrial output compared to the same period in 2023 [1, 4]. This growth is the […]

Read More ➙