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Alex Lennane

Foxconn plans for inevitable US-China market split

Alex Lennane

Chairman Young Liu said a global trend of two market groups is inevitable, and the company needed to serve both. Foxconn, the world’s largest supplier, has increased capacity in the US, Mexico and Brazil, as well as South-east Asia, including Vietnam, and India. The move to source from countries o...

Mike Wackett

HMM to finally turn a profit after five years of losses?

Mike Wackett

After the demise of its larger compatriot, Hanjin Shipping, in 2016, the Korean government has taken a “whatever it takes” strategy to support HMM, pumping billions of dollars into the carrier and enabling the ordering of 12 24,000 teu ULCVs – the largest containerships in the world by capacit...