Samsung to invest KRW450 trillion in chip and bio sectors; China smartphone makers deepen metaverse deployments

This Asia tech industry summary will mainly focus on Samsung Electronics unveiling a KRW450 trillion (US$359.84 billion) investment plan for its semiconductor and biotechnology businesses; China-based smartphone makers Huawei, Xiaomi, Oppo, and Vivo deepening their metaverse deployments; and South Korea-based Samsung SDI, LG Energy Solution (LGES), and SK On actively exploring partnerships with automakers to build bigger presence in the North American automotive battery market.

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Logistics won’t be cheap anymore

In terms of weight, more than 90% of the world’s transnational trade and transport relies on maritime transport, with the rest being mostly transnational land transport, and air transport accounting for only 0.21%. However, the high unit price and efficiency of air transport accounts for 26% of global trade. In 2021, Taiwan air transport in terms of weight accounted for only 0.23% its imports and exports, but because of the contribution of high-tech, semiconductor products, Taiwan saw 47% of the total value its imports and exports came through air tansport in 2021.

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鸿海刘扬伟:供应链的稳定性正在得到改善

据日经新闻报道,5月31日,鸿海集团上调本季度和全年业绩预期,理由是供应链的稳定性正在得到改善。鸿海董事长刘扬伟称:“我们此前预测,今年我们将维持与去年相似的水平,这是考虑了通胀、战争和其他不确定性因素后得出的,但现在我们认为,全年情况将好于我们的预期。”

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