(MT Newswires) - Ben Gliklich, CEO of Element Solutions, discusses the reorientation of supply chains in the electronics industry. He highlights the trend for companies to diversify their sources beyond China, looking to countries such as India, Vietnam, Thailand and Malaysia.

Element Solutions' products are essential in semiconductor manufacturing, chip assembly and the production of high-performance printed circuit boards. Gliklich emphasises his company's strategic position, ready to respond to evolving technological needs through its global presence.

He acknowledges that 2023 was a difficult year for Element Solutions, marked by a slowdown in demand and an excess of inventory. Reassuringly, he notes a recovery in the second half of the year and forecasts growth for 2024.


Finally, Gliklich points out that India will require significant investment in infrastructure if the country is to strengthen its position in global supply chains. He reveals that Element Solutions has been asked by a major smartphone manufacturer to help shape the Indian supply chain to meet its production requirements.

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