Flex CEO Advaithi: American manufacturing is possible, but difficult

Supply Chain Shift - Supply chains have significantly shifted from China/Asia to North America, moving from 30% procurement from those regions to 45% in North America [1] - The industry anticipates a continued significant shift of supply chains back to North America [1] Manufacturing & Automation - High volume automated manufacturing is expected to move closer to the point of use [2] - The combination of AI, robotics, and automation presents significant opportunities in these sectors [2] Challenges - Magnetics and batteries are identified as potentially challenging areas [2]