How your enterprise can help reduce e-waste

The circular economy offers OEMs in the enterprise technology market new revenue streams, improved sustainability and enhanced brand protection. By outsourcing downstream processes, including reverse logistics, repair services, de-manufacturing, warehousing and IT asset disposition, manufacturers can maximize product value and free up their resources to focus on new innovations. Today’s technology manufacturing landscape is one of balance between meeting consumer hyper-demands for “the next big thing” and carefully managing finite resources. The circular economy is a global movement that attempts to strike that balance through reverse logistics, repair strategies and sustainable reuse. Original equipment manufacturers (OEMs) participating in the circular economy are leveraging sustainable practices to extend product lifecycles and capture value long after the initial product sale.

South Korea’s LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S. electric vehicle components.
It’s one of the first major EV-related investments announced by a South Korean firm in the United States since a new U.S. law was passed in August that puts automakers and battery suppliers relying heavily on China for sourcing at a cost disadvantage.
Mass production is set to start outside of Clarksville in the second half of 2025 and the plant will create more than 850 jobs, LG Chem said in a statement. The plant is slated to have an annual production capacity of 120,000 tons of cathode materials by 2027, enough to power about 1.2 million electric vehicles, it added.