A high tech industrial hub aimed at supply chain risk The United States and the Philippines have agreed to launch a high tech industrial hub on the island of Luzon as a way to counter China’s supply chains , with the US set to run it as an SEZ (special econom…
Why are US and Philippines creating Luzon hub? #tech
The US and Philippines are establishing a high-tech industrial hub in Luzon as a Special Economic Zone (SEZ) to counter China's supply chain dominance, potentially introducing new vulnerabilities in critical infrastructure and semiconductor supply chains. This initiative affects global supply chain resilience, with risks of espionage, IP theft, and disruptions to high-tech manufacturing networks. Governments and corporations must assess exposure to new geopolitical supply chain risks.