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Transcripts For BBCNEWS World Business Report 20240707

just about everything nowadays has silicon chips in it, from phones and computers to kitchen appliances and cars. but the world has been facing a chip shortage, which has exposed just how dependent we all are on semiconductor manufacturers in asia, with the vast majority of chips produced by the taiwanese company tsmc. among those who want to wrestle back some of that market share is the us. today, president biden will sign into law a bipartisan bill to boost microchip manufacturing in the us. the $280 billion package is aimed at addressing supply chain problems exacerbated by the coronavirus pandemic. supporters call it a win for the nation s economy and security. here s our north america correspondent michelle fleury in new york. microchips, the digital brains of every piece of technology around us. but a global shortage has disrupted everything from the production of cars to household appliances.- of cars to household appliances. of cars to household a- liances. ., appli

Transcripts For BBCNEWS World 20240702

Between the worlds two economic heavyweights. Chinese Foreign Minister wang yi is in washington hes been meeting us Secretary Of State Antony Blinken and is expected to meet National Security adviser jake sullivan. Blinken told the Un Security Council on tuesday he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements over other issues including trade. Earlier this week, beijing restricted the exports of graphite which is used in many products, including electric cars. China produces 90 of the worlds graphite supply. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for nvidias chips has driven its share price up by more than 200 over the past year, with china its leading buyer. Janet mui is head of Market Analysis at rbc brewin dolphin. Thank you for being with us. T

Transcripts For BBCNEWS Asia 20240703

Critical safety issues. She claims they pretended that they didnt know. And you decided to go right to the top. You went to elon musk himself . I tried to. And what exactly was the safety concern . They realised that they make a Design Engineering mistake on the carpets. You know, the carpets that you have under the adults and in the front of the car. So what happened is those carpets, they were curling under the brake and under the acceleration. Cristina further claims that shed heard there were complaints made about this issue. So she believes tesla was aware of it. She claims that when she shared her worries, teslas management turned hostile. She lost herjob, sued the firm and won. But then tesla did something unexpected. They dare to accuse me of serious crimes like embezzlement. Theyjust purely invented those with one scope in mind, to give a lesson to everybody who dared to speak up. Tesla said in a Public Statement that cristina had used Company Resources for a secret project. S

Transcripts For BBCNEWS Asia 20240703

Until 2014, Cristina Balan was a rising star within the electric car firm in the us. She spoke to our Technology Editor zoe kleinman. I was the only woman in the team, like engineering. And in the beginning, it was great. In the early days, Cristina Balan was doing so well at tesla, her initials were engraved on the cars batteries, but she says it wasnt long before things took a turn for the worse. Everything went south when i realised that they were hiding some critical safety issues. She claims they pretended that they didnt know. And you decided to go right to the top. You went to elon musk himself . I tried to. And what exactly was the safety concern . They realised that they make a Design Engineering mistake on the carpets. You know, the carpets that you have under the adults and in the front of the car. So what happened is those carpets, they were curling under the brake and under the acceleration. Cristina further claims that shed heard there were complaints made about this issu

Transcripts For BBCNEWS Asia 20240703

They were hiding some critical safety issues. She claims, they pretendeds that they didnt know. And you decided to go right to the top. You went to elon musk himself . I tried to. And what exactly was the safety concern . They realised that they make a Design Engineering mistake on the carpets. You know, every the carpets that you have on under the adults and in the front of the car. So what happened is those carpets, they were curling under the brake and under the acceleration. Cristina further claims that shed heard there were complaints made about this issue. So she believes tesla was aware of it. She claims that when she shared her worries, teslas management turned hostile. She lost herjob, sued the firm and won. But then tesla did something unexpected. They dare to accuse me of serious crimes like embezzlement. Theyjust purely invented those with one scope in mind, to give a lesson to everybody who dare to speak up. Tesla said in a Public Statement that cristina had used Company R

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