Anamika Mishra
[Sub Editor]
Amid escalating US tariffs on Vietnamese exports, South Korean tech giant Samsung is reportedly exploring the possibility of relocating a portion of its smartphone and electronics manufacturing operations to India.
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"Yes, talks have begun with Indian EMS (electronics manufacturing services) players, including their current partners," the source said, adding, "Not just Samsung several companies with manufacturing bases in Vietnam are now evaluating India as an alternative."
This development follows closely on the heels of reports that Google’s parent company, Alphabet Inc., is also in discussions with Indian manufacturers, Dixon Technologies and Foxconn to shift part of its global Pixel smartphone production from Vietnam to India.
The ongoing global trend to diversify supply chains away from China and now Vietnam is being accelerated by trade tensions and tariff uncertainties, with India emerging as a key contender in the electronics manufacturing landscape.
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Anamika Mishra
[Sub Editor]
Yusen Logistics has officially launched Yusen Logistics Global Management Co., Ltd. (YLGM), signaling a transformative shift in its organizational structure aimed at fostering sustainable growth and global leadership in supply chain logistics.
The inauguration ceremony, held at YLGM’s Tokyo headquarters, marked a significant milestone for the Yusen Logistics Group. CEO Hiroki Harada addressed employees, emphasizing that 2025 will be a pivotal year. “With the launch of YLGM and the formulation of our next medium-term management plan, our theme for this year is ‘growth,’” he stated. “Our strength lies in our people and our global network. Let’s continue to build strong partnerships worldwide, take on new challenges, and drive the Group’s growth forward.”
Positioned as the strategic nerve center of the Yusen Logistics Group, YLGM will lead global operations planning and management. The company has adopted English as its official language and is operated by a diverse team of international executives. Grounded in the principles of Diversity, Equity, and Inclusion (DEI), YLGM is committed to fostering an inclusive culture that values individual contributions and ensures unbiased decision-making.
The launch aligns with the NYK Group’s “CX Story” vision of becoming “A Global Company Headquartered in Japan.” As Yusen Logistics enters the final phase of its “TRANSFORM 2025” initiative, YLGM will spearhead the development of the Group’s next medium-term management plan, focused on Business Transformation as the cornerstone for future strategy.
Through this strategic evolution, Yusen Logistics aims to strengthen its position as the preferred logistics partner globally, delivering unmatched value to customers and stakeholders while navigating the dynamic global supply chain landscape.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.
