secret core of apple. it makes many of the components that go into apple, we ve been speaking exclusively to the bus to see how it navigates tensions between the two superpowers. the changing of the guard at taiwan s national shrine. this is an island that has always been on edge. it is a self ruled territory with democratic elections but china sees it as a rebel region that must be reunited with the mainland by force if necessary. which has led to companies like foxconn, headquartered in taiwan, having to rethink their operations. you are a vital part of the taiwanese economy, what is the business contingency plan here? the business contingency plan here? tie: diversification business contingency plan here? tue: diversification is one business contingency plan here? tue diversification is one way. as a business, as a ceo, i had to think about what if the worst case happened. so we are doing something, some planning. hopefully it will not happen but we have to be prepared. fo
Gautam Adani: The multinational corporation is known for its expertise in designing and manufacturing semiconductors and wireless telecommunications products. In an X post, Adani underlined his admiration for Qualcomm s vision for semiconductors, AI, mobility, and edge appliances, across various markets, including India.
documentaryasia s tech titans. despite those tensions mentioned in the piece about foxconn, the un chip maker micron is going to invest in chinese factory, in its commitment to the country. this comes only weeks after micron was barred from supplying china s critical infrastructure suppliers in the so called chip or between the us and china. they speak to our north american business correspondent who is in new york for us. michelle, this suggests that micron believes that the restore profitability to be had in china and it outweighs the risks posed by these tensions. t risks posed by these tensions. i think in some ways it is less about profits and more about preserving
Chip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in response to challenging industry conditions.The move comes as Micron reported results for its first quarter of fiscal 2023, which ended on .
higher growth is a better thing for the market. the market is thinking the fed will have to raise the rates more. add to that this 1.7 trillion only new bus spending bill. wall street thinks it s likely to pass the house. they don t look at the rights and wrongs. they can debate that but they don t. they take a clinical note. they see 1.7 trillion in spending and they re thinking more inflation, higher interest rates. that adding to the concerns that 2023 is being set up to be a difficult year economically and the fed piloting this soft landing where the country skirt as recession will be difficult. also, chip maker micron not only reporting poor results but warning there could be a glut in the semi conductor market, which is so ironic. we ve been worried about the semi conductor supply. it s coming back online to possibly another extreme that could impact prices. too much of something, price drops, companies make less