it s part of apple s commitment to invest $430 billion into the american economy and. it also comes at a time when washington is trying to reduce its reliance on foreign trade, foreign on foreign made chips. my colleague samira hussain explains. the 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand in hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors as it
hundred and $30 billion into the american economy. it also comes at a time when washington is trying to reduce its reliance on foreign trade or chips for the my colleague explained. chips for the my colleague explained- chips for the my colleague exlained. ,. ,, a, explained. the 56 chips apple is bu in: explained. the 56 chips apple is buying from explained. the 56 chips apple is buying from broad - explained. the 56 chips apple is buying from broad calm - explained. the 56 chips apple is buying from broad calm will be designed and built in the us. it s the latest business deal between the two companies. in 2020 broad calm said it would sell $50 billion worth of wireless components to apple. the deal fits their brief apple set up for it self to invest more in the us economy. it also goes hand in hand with the push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage and it showed
at a time when washington is trying to reduce its reliance on foreign made chips. my colleague samir hussein reports. the 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand in hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors is advised to wean firms from relying on foreign chip makers. last summer, us presidentjoe biden signed an act that drew billions of
to be india has been pitching itself to be a india has been pitching itself to be a lucrative reliable investment destination is looking to build on the existing trade partnership with australia worth over $45 billion australia worth over $45 billion. prime minister narendra modi has been meeting senior narendra modi has been meeting senior members of the business community in australia including the chief of a company and he discussed technology cooperation in the field technology cooperation in the field of technology cooperation in the field of mining as well as manuah field of mining as well as manual. he had similar conversations with the company ceo of conversations with the company ceo of another company and also had an ceo of another company and also had an important conversation with had an important conversation with andrew forrest as to his companies help indian companies take bigger steps in the field of green hydrogen. india has been of green hydrogen. ind
other had similar conversations with other ceos and as to how the companies can help indian companies can help indian companies take bigger steps in the field companies take bigger steps in the field of green hydrogen. indie the field of green hydrogen. india has been looking to diversify and extend its footprint in the field of renewable energy and meet its net zero renewable energy and meet its net zero emissions, especially because net zero emissions, especially because india is the third largest because india is the third largest carbon emitter in the world largest carbon emitter in the world. investments from australia have totalled to $1 billion australia have totalled to $1 billion. india and australia have billion. india and australia have penned a free trade agreement which came into effect agreement which came into effect on the 29th of december last effect on the 29th of december test year effect on the 29th of december last year and they are looking to ha