Sourcing-related reading as you head into the weekend. Selected by the Global Sources content team.
The use of electric vehicles (EVs) might soon be the norm as world-famous automotive companies are already accelerating the release of electric-powered vehicles that are more efficient and sustainable than their petrol counterparts. The zero-emission push is an effort to address human-induced climate change while keeping up with innovation.
Unlike, perhaps, one century ago, most societies around the world have vowed to put in place an equal-opportunity system, in which women are given the same chances and considerations for employment as their male counterparts. But do those in the sourcing industry and the wider world match words with deeds? Women still face prejudices and other challenges, and the hurdles should be reckoned and removed with greater efforts, for their abilities and contributions are indispensable to making not only the procurement industry but also the world better for all.
Transplanting retinal tissue grown from stem cells to restore visual function has been the subject of studies over the years but is still a long way from animal to human trials. So, what about electronic solutions as gifts of sight? Already, there are two candidates. One is a retina implant that does not require wires unlike what’s currently used and needs no external power source. The other is a cortical implant for use in those afflicted with diabetes mellitus or “sugar diabetes.” While still a vision, it promises to be the visual equivalent of cochlear implants for the deaf.
New inventions and innovations come up now and then. Take a look at some of the most exciting and incredible advances in technology that will transform the world and shape the future.
With the sustainable lifestyle trend rising, it’s worthwhile to note eco-friendly fashion products to source. Among these are garments, clothing & hosiery made of bamboo charcoal fabric. They are good for sensitive skin and have anti-pilling, thermal regulation and antimicrobial features.
Growing interest in Vietnam as an alternative site for manufacturing has a similar effect on its factory land rents and occupancy rates. How this will impact its next-hub status remains to be seen, although this early, the country is already posting two-digit increases in its electronics exports, including PCs, optical products, handsets, TVs and components.
Who is winning at phones?
Samsung remains the top smartphone manufacturer—at least for now—capturing almost 19% of the global market in 2020. Meanwhile, Apple crawled up the ranks in 2020, surpassing Huawei and claiming the number two spot on the list. China, where Huawei dominates the market and makes most of its revenue, is expected to see the most sales in 2021, but the highest growth areas are projected to be in Western Europe, Latin America, and in more mature markets in the Asia-Pacific.
That’s all for this edition of the Friday links – have a great weekend.