Korea emerges as one of alternative backup manufacturing sites in the American market

Createdd 2022-11-11 Hit 15


Chicago-headquartered US firm Kearney released its “2021 Reshoring Index” that identified the need to explore a backup manufacturing site amid Chinese government’s zero-covid policy. Along with Vietnam, Thailand, Mexico, and India, South Korea are among “prime candidates” for a so-called China plus one strategy to diversify manufacturing. Click the news below for more information: