South Korea: Truckers’ strike threatens to disrupt computer chip production

Source: The Guardian [UK]

“A week-long strike by truck drivers in South Korea threatens to be the latest bottleneck in the global supply chain after industry bosses warned that the production of computer chips across Asia faced disruption. With the worldwide flow of goods struggling with hurdles such as lockdowns in China and the war in Ukraine, Tuesday saw the first concrete sign that the strike was affecting South Korea’s world-leading semiconductor sector. The Korea International Trade Association (Kita) said a Korean company that produces isopropyl alcohol (IPA), a raw material for cleaning chip wafers, is facing complications in shipping to a Chinese company that in turn supplies wafers to chip manufacturers. Kita said in a statement that about 90 tonnes, or a week’s worth of shipments have been delayed.” (06/14/22)