SEOUL, May 16 (Korea Bizwire) — South Korea’s industry ministry said Thursday it has agreed with Chile to seek broader ties in the supply chain of key minerals crucial to cutting-edge industries, including batteries. The agreement was reached with the Chilean Ministry of Mining during a meeting held in Santiago earlier this week to discuss a [...]
WASHINGTON, May 6 (Korea Bizwire) — South Korea has raised its automotive industry’s concerns with the United States over Washington’s inquiry and envisioned rules to address potential security risks from “connected vehicles” that use technology from China and other countries of concern. On April 30, the South Korean government submitted its comments to the U.S. [...]
SEOUL, Apr. 25 (Korea Bizwire) — Finance Minister Choi Sang-mok vowed Thursday to enhance South Korea’s crisis management capabilities regarding supply chains in close cooperation with the United States, Japan and other Indo-Pacific partners, the finance ministry said. Choi made the comment during an external economic ministers’ meeting in Seoul as he discussed the implementation [...]
WASHINGTON, Feb. 27 (Korea Bizwire) — A senior White House official on Tuesday portrayed South Korean enterprises operating in the United States as helping foster a robust supply chain ecosystem and create decent jobs, Seoul’s foreign ministry said. Lael Brainard, the director of the National Economic Council (NEC), made the point during a meeting with [...]
Transportation & Warehouse Operations Most Challenged by Resource Shortages ATLANTA, Georgia and LONDON, U.K., Jan. 30, 2024 (Korea Bizwire) – Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its study How Bad Is the Supply Chain and Logistics Workforce Challenge?, which indicates that 76% of the supply chain [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korea will establish a government-wide commission to be in charge of deliberating and adjusting measures on the management of supply chains of major industry items, the finance ministry said Monday. The government also plans to create a fund to secure critical items and support investment in relevant facilities [...]
AMSTERDAM, March 9 (Korea Bizwire) – FourKites, provider of the world’s leading real-time supply chain visibility platform, today announced its new Net Zero initiative to help the world’s leading companies achieve their organizational goals to reduce supply chain emissions. As part of this announcement, FourKites unveiled Sustainability Hub, a suite of analytics tools to provide better visibility [...]
SEOUL, Sept. 24 (Korea Bizwire) — Samsung Electronics Co. is reinforcing its supply chain in Asia to meet increased demand of its products amid the pandemic, industry insiders said Friday, as the South Korean tech giant eyes to build more plants and expand its workforce. Samsung is currently building a TV manufacturing plant in Karachi, [...]
Reno, Nevada, Feb. 18 (Korea Bizwire) — rfxcel, the global leader in supply chain track and trace solutions, today announced that it will release the latest version of its rfxcel Traceability System (rTS) software platform on February 18, 2020. rTS 7.0 continues the award-winning legacy of rfxcel’s signature full-stack solution, enabling true end-to-end supply chain [...]
SEOUL, Nov. 20 (Korea Bizwire) — The South Korean government said Tuesday it will use blockchain technology to track beef through the supply chain to provide consumers with information about the source of their food. The Ministry of Agriculture, Food and Rural Affairs and the Ministry of Science and ICT will jointly launch the pilot [...]