Supply Chain
President Lee returns from India, Vietnam trip focused on economic ties
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President Lee Jae-myung returned home on April 24 after a six-day trip to India and Vietnam. He focused on expanding cooperation in energy and supply chains amid Middle East uncertainties during summits with the countries' leaders. Agreements aimed at doubling trade volumes and deepening strategic ties were reached.
Toto is returning to normal delivery schedules for bathroom products after the supply outlook for raw materials improved.
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The Department for Promotion of Industry and Internal Trade has asked petrochemical firms to assess local production of more than 200 import-dependent items. The request follows supply and price pressures linked to the West Asia crisis.
China has implemented a new supply chain security regulation that elevates protecting industrial and supply chains to a national security issue, granting officials power to punish entities threatening vital resources. The 18-point regulation was passed and took effect on March 31, with its full text published on Tuesday. It comes as Beijing faces a turbulent global outlook.
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Xiaomi, Chery and FAW have raised prices on their electric vehicles amid surging chip and raw material costs, a sharp departure from 2025's aggressive cuts, though analysts caution that weak demand could force reversals. The trend started earlier this month, with Xiaomi making the latest adjustment.
Tesla's plans to manufacture its Optimus humanoid robot entirely in the United States face significant hurdles due to reliance on Chinese suppliers. A Morgan Stanley report estimates that excluding Chinese components could nearly triple the robot's manufacturing costs from $46,000 to $131,000 per unit. This dependency highlights a broader split in the robotics industry between American software innovation and Chinese hardware dominance.
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The top diplomats of South Korea and the United States will hold talks in Washington this week amid uncertainties over their trade deal following U.S. President Donald Trump's warning of a tariff hike. Foreign Minister Cho Hyun will meet one-on-one with U.S. Secretary of State Marco Rubio to discuss implementing summit agreements, including the trade deal. Cho is also attending a U.S.-led ministerial meeting on critical minerals supply chains.
Japan faces shortage of designated trash bags amid naphtha supply fears
Ijumaa, 8. Mwezi wa tano 2026, 16:02:47Apple encounters mac supply shortages on multiple models
Jumanne, 5. Mwezi wa tano 2026, 09:56:28Apple in talks with Samsung and Intel amid chip shortages
Jumatano, 29. Mwezi wa nne 2026, 18:39:31China leads global reserves in 14 minerals and output in 17
Jumatatu, 27. Mwezi wa nne 2026, 19:22:46IperionX CEO outlines titanium supply chain opportunities in shareholder call
Alhamisi, 19. Mwezi wa tatu 2026, 15:21:23Tapestry inks 10-year carbon removal deal with Climeworks
Jumatatu, 16. Mwezi wa tatu 2026, 19:50:54Strait of Hormuz closure disrupts fashion supply chains
Ijumaa, 6. Mwezi wa tatu 2026, 13:45:07Vietnam's coffee crisis threatens global prices
Ijumaa, 6. Mwezi wa pili 2026, 02:03:40US defends new minerals alliance, rejecting claims it targets China
Jumatano, 4. Mwezi wa pili 2026, 05:20:24U.S., Japan and EU to develop critical minerals action plan