Apple supplier Pegatron has denied media reports claiming shipments to and from its factories in China were being held for scrutiny by Chinese customs officials, following a Pegatron executive’s meeting with U.S. House Speaker Nancy Pelosi (via DigiTimes).
…
Pegatron is the second largest Taiwanese contract electronics manufacturer and iPhone assembler behind Foxconn, while TSMC is the sole supplier of Apple’s custom silicon chips and the world’s most valuable semiconductor company. All three firms operate plants in China.
…
Update: Nikkei reports that Apple on Friday asked suppliers to ensure that shipments from Taiwan to China strictly comply with Chinese customs regulations, which state that Taiwanese-made parts and components must be labeled as being made either in “Taiwan, China” or “Chinese Taipei,” language that indicates the island is part of China.
Apple Supplier Pegatron Denies Reports of China Blocking Shipments
Tag: Supply Chains
Biden Authorizes Additional $550 Million Military Aid for Ukraine + Are There Enough Guided Rockets For HIMARS To Keep Up With Ukraine War Demand?
Biden Authorizes Additional $550 Million Military Aid for Ukraine
The new aid was authorized by the presidential drawdown authority, which allows Biden to send Ukraine weapons and ammunition directly from US military stockpiles. The funds were pulled from the $40 billion Ukraine aid bill that Biden signed back in May, which is meant to last through September 30.
Related:
Are There Enough Guided Rockets For HIMARS To Keep Up With Ukraine War Demand?
So in essence, at a pace suggested by Hertling, Ukraine’s GMLRS monthly burn rate would equal about 29% of the entire planned U.S. procurement for the next five years, not withstanding production rates of the ER GMLRS which have yet to be set.
Given those numbers, what does Ukraine’s use of HIMARS portend for that nation, and the U.S., which might find itself needing these systems in case of a future fight with China, Russia or some other adversary?
…
“If each of 16 HIMARS fires three rockets per day, that’s 48 a day or 1,440 per month. 10,000 rockets would last well into 2023 at that rate. On the other hand, if the Ukrainians get the 100 HIMARS they are requesting and each one fires three rockets per day, that’s 300 per day or 9,000 per month.”
Oliver Boyd-Barrett: Approaching War with China
By Prof. Oliver Boyd-Barrett, Substack, 7/29/22
Donbass and Kherson Developments
Drawing on Dima’s reports to the Military Summary Channel, it appears to Mercouris (Mercouris July 29 2022) that the Russian renewed offensive is now in full force, more intensely overwhelming than it has ever been, quite contrary to a recent BBC report.
Oliver Boyd-Barrett: Approaching War with China
ROK and the US – Words and Facts
After the text about the President of the ROK at the NATO summit was published, part of the audience questioned whether the ROK, despite its loyalist statements, was in fact in no particular hurry to do Washington’s bidding. This question is best answered by a combination of words and facts.
…
In another important development, on July 20 Minister of Science and ICT Lee Jong-ho openly stated that South Korea should be cautious when deciding whether to join the US Chip 4 or Fab 4 technology alliance initiative, as the potential implications could affect not only the country’s semiconductor industry, but also the economy as a whole. The framework, which in addition to the US and the ROK also includes Taiwan and Japan, is designed to counter China’s growing influence in global supply chains for advanced high-tech products, as well as to increase American production capacity and capabilities in this area.
ROK and the US – Words and Facts
H/T: THE NEW DARK AGE
Previously:
South Korea’s new president playing dangerous game with Pyongyang
Exclusions And Sanctions Help ‘Enemies’ To Build Their Own Capabilities
The hostile behavior the ‘west’ is showing towards China and Russia has consequences.
Exclusions And Sanctions Help ‘Enemies’ To Build Their Own Capabilities
West Can Not Sustain Prolonged Conflict In Ukraine, Says Pentagon Supplier
US defence industry boss calls for clarity on what arms Ukraine needs
Kathy Warden, chief executive of Northrop Grumman, one of the top five “prime” contractors in the US, warned that weapons stockpiles had not been built to service a lengthy war.
…
“I wouldn’t necessarily say that I’ve heard we’re running out, but if you do project forward that we’re going to want to sustain these levels of commitments for another couple of years — that’s certainly not what anyone had built stockpiles to accommodate,” she said.
…
“We think in the long term, there’s going to be a requirement to replace Russian air combat capability — fixed wing and rotary wing aircraft” for the Ukrainians, the industry executive said.*
…
Northrop was prepared to make investments, including expanding factories “ahead of a contract”, said Warden, but cautioned that industry needed to “get an indication that if we build it, the demand will come”.
It can take years for a defence company to source parts, assemble, test, and deliver a system.
Northrop Grumman generates more than 80 per cent of its annual revenues from contracts with the US government, including key roles on programmes such as the F-35 fighter jet where it provides parts for the weapons system and avionics. It also led the industry team for NASA’s James Webb space telescope.
Like many manufacturers, Northrop Grumman is wrestling with supply chain challenges, in particular shortages of electronic parts such as cables, connectors and power supplies. Lead times for such parts have “doubled or tripled,” said Warden.
*What a co-inky-dink?!
Title borrowed from:
Ukraine Update: West Can Not Sustain Prolonged Conflict In Ukraine, Says Pentagon Supplier
Nancy Pelosi’s husband buys millions worth of Nvidia stock ahead of chip-manufacturing bill vote + Newly sworn-in SEC commissioner is former Pelosi aide
Nancy Pelosi’s husband buys millions worth of Nvidia stock ahead of chip-manufacturing bill vote
It’s worth noting that Nvidia designs their owns chips, but hires other companies to manufacture them and likely would not directly receive benefits from subsidies related to this congressional bill.
Related:
Newly sworn-in SEC commissioner is former Pelosi aide
Chips and Dip: Congressional Trading in the Semiconductor Industry since 2020
The whale had to separate Speak Pelosi and Rep. Kim Schrier’s huge AAPL sell offs, as they make their House colleagues’ trades look like peanuts.
Pentagon diverted small business fund to defense industry giants
A new report finds that in a single year, Raytheon, Lockheed Martin, L3Harris, and others got more than $300 million meant for smaller firms.
Pentagon diverted small business fund to defense industry giants
Tiny tariff removal won’t work to tame surging US inflation + Infographic: Tally of US tariff war against China
Ecuador: Lasso’s Masquerade vs. People’s Real Demands
Today marks 15 days since the beginning of the demonstrations against the neoliberal government of Guillermo Lasso. During that time over 15,000 indigenous people and representatives of social movements have joined the protests to demand urgent actions to stop the collapse of the living conditions of the poorest and the entire working class. However, the response has been violence and police repression, which has already caused six deaths, hundreds of wounded, and over 200 imprisonments.
Ecuador: Lasso’s Masquerade vs. People’s Real Demands
Related:
Ecuador’s Lasso survives impeachment vote, halts protest talks
Ms. Cat’s Chronicles 
You must be logged in to post a comment.