Family members say they were not permitted to meet the men before they were killed. President Volodymyr Zelensky welcomes the announcement of the us supplying ukraine with Armoured Fighting Vehicles for the first time. Meanwhile, russias unilateral ceasefire appears to have had little effect on the front line. Youre watching bbc news. Now, its time for talking business. A hundred years ago, oil was the most sought after commodity. Today, its these chips that run the world. They provide the Processing Power for everything we use, from smartphones to aircraft and cars to microwaves. But the fight for who controls the Supply Chains, the network of companies that make these devices, is escalating. Translation we will focus on National Strategic needs l and pool our resources together to boost Cutting Edge Research in science and technology domestically, and resolutely win the battle in key technologies. So instead of relying on chips made overseas in places like china, the supply chain for
offer of a truce, now ended, was deceitful. he said peace in ukraine would only be restored when russian forces were expelled. kevin mccarthy has been sworn in as speaker of the us house of representatives, after 15 rounds of voting. a small group of republican rebels had derailed each previous attempt. the new speaker says it was the influence of former president trump that helped him secure the position. iran has been widely condemned after executing two more anti government protesters. mohammad mahdi karami and seyed mohammad hosseini had appealed against their sentences for killing a member of the security forces during nationwide protests against the government last year. they said they d been tortured into making false confessions. now on bbc news, talking business. 100 years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwave
family members say they were not permitted to meet the men before they were killed. president volodymyr zelensky welcomes the announcement of the us supplying ukraine with armoured fighting vehicles for the first time. meanwhile, russia s unilateral ceasefire appears to have had little effect on the front line. you re watching bbc news. now, it s time for talking business. a hundred years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwaves. but the fight for who controls the supply chains, the network of companies that make these devices, is escalating. translation: we will focus on national strategic needs l and pool our resources together to boost cutting edge research in science and technology domestically, and resolutely win the battle in key technologies. so instead of relying on chips made overseas in places like china, the s
well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity. so us new manufacturing fabs that
in computing, it will try to apply those to intelligence capability then to military systems, since that s what all great powers have tended to do in the past. linghao, if i can bring you in, how are the us efforts to try and prevent china from advancing and chip technology affecting chinese companies? i think the most famous example is huawei, right? the company was cut off from getting advanced chips for a smartphone. and to give you a bit of context, like how impactful that was, at that time, huawei was the second largest smartphone maker in the world, after samsung. but now, huawei s smartphone business is essentially dead. so that sjust, you know, how easy it was for washington to cripple a chinese tech company. if you look at the latest us export controls, that is the most aggressive actions that from the us the world has seen. previously the us was targeting individual chinese companies, but this time the scope has expanded to the entire country. beijing has gone to th