Physical operations will present the biggest challenge to companies at the beginning of 2024 with the ongoing conflict in the Middle East coupled with climate issues disrupting shipping networks.
The workers’ main demand is “for the companies to comply with occupational health and safety” laws, said Katsaing, the Serikat Pekerja Indonesia Sejahtera (SPIS) workers’ union chairman.
While retailers and shippers may balk at the prospect of altering the functional status quo, making concrete changes to protect workers will pay dividends in the long run.
Other shipping giants including Mediterranean Shipping Company (MSC), CMA CGM and Hapag-Lloyd have also been avoiding the Red Sea route because of the increased threat of attacks.
Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business.
For the past few years, the topic of the microchip shortage dominated media headlines. Now, another shortage is creating obstacles on the path to equilibrium in the semiconductor supply chain: talent.