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Samsung chip production delay as truckers strike in South Korea

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Samsung is experiencing chip production delays in China as a result of a truck strike in South Korea

The demonstration is blocking exports and costing the country over USD 1 billion in lost production and delivery disruptions.

The Korean company manufactures isopropyl alcohol used for cleaning chip wafers but its failure to deliver to China has stunted the output of Samsung’s Electronics Factory there.

Around 90 tonnes of materials have been held up.

The plant in the city of Xian produces NAND flash memory chips that are used in smartphones and other tech gadgets for data storage.

Meanwhile the trucker union has announced their strikes will continue and blames the transport ministry for being “neither willing to talk nor capable of resolving the current situation”.

Protestors are pushing for minimum pay guarantees as fuel prices skyrocket.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Money

Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Invest0r Partner Group.

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Money

Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Investor Partner Group.

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Money

Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

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