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Trucker strike in South Korea halts Samsung chip production in China

June 15, 2022
Source: 24htech.asia 24htech.asia
News Snapshot:
Well, it seems like not everything is going well for Samsung at the moment. According to Reuters, Samsung chip production in China is facing huge interruptions because of an ongoing trucker strike in South Korea. This is blocking the free movement and export of key raw materials for manufacturing, said the Korea International Trade Association (KITA). Worse is that this strike could continue for a week, ultimately causing a huge impact on Samsung chip production in China. The loss is estimated to be worth more than $1.2 billion in the particular industrial sector. Notably, because of this truck strike, the...
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