on semiconductor, a big company that makes important parts for cars and other things, is planning to make things in new places. they are building a new factory in czech republic and they are making more things in south korea. they want to make things in more places so they can save money and make things faster. this is important because it helps them not to depend too much on china, where they buy many things now. Read from source...
This article seems to be promoting the positive side of ON Semiconductor diversifying their supply chain by expanding their manufacturing facilities in the Czech Republic and South Korea. The CFO also mentioned the cost savings they expect from this move.
However, there is a lack of detail on the challenges they might face, like the rising influence of Chinese chip suppliers. Also, the negative impact of industry pricing pressures and declining revenue for ON Semiconductor, as well as its dwindling stock prices, were glossed over in the article.
While the move to expand manufacturing facilities and diversify supply chains could be beneficial, the article would have been more informative if it had provided a balanced perspective, highlighting the pros and cons of such a move.