Samsung says there are 'no supply chain issues to date' from war in the Middle East but the company is making…
Samsung is experiencing supply chain challenges due to conflicts in the Middle East, primarily impacting oil prices and consequently increasing global ocean and air freight costs. The company is actively monitoring inventory and optimizing operations, exploring alternative transportation and long-term contracts to mitigate these rising logistics expenses and maintain cost competitiveness.
- Entities
- Topic: Geopolitics
- Topic: Semiconductors
- Company: Samsung
- Person: Soon-Cheol Park
- Topic: Supply Chain
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