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Transcripts For BBCNEWS Asia 20240703

In that direction. Its notjust investments coming from the outside, in this regard, the us is investing in itself. 6. 6 billion as part of the chips act. This is a significant amount of money, isnt it . You have to put this in some context, though. Other countries, like taiwan, likejapan, like south korea, they been investing in their Semiconductor Industries for a long time, so this is the us finally playing the game of investing in this type of manufacturing which requires in most cases requires some Government Investment to defray the cost of these facilities which has reached Something Like 40 billion for the most advanced Semiconductor Manufacturing facilities, so government assistance here can be crucial to sort of making the facilities more viable commercially. Us treasury secretary janet yellen has wrapped up four days of meetings in china with a warning that the us will not accept new industries being decimated by chinese imports. During a press conference, yellen said us Pres

Transcripts For BBCNEWS Asia 20240703

In that direction. Its notjust investments coming from the outside, in this regard, the us is investing in itself. 6. 6 billion as part of the chips act. This is a significant amount of money, isnt it . You have to put this in some context, though. Other countries, like taiwan, likejapan, like south korea, they been investing in their Semiconductor Industries for a long time, so this is the us finally playing the game of investing in this type of manufacturing which requires in most cases requires some Government Investment to defray the cost of these facilities which has reached Something Like 40 billion for the most advanced Semiconductor Manufacturing facilities, so government assistance here can be crucial to sort of making the facilities more viable commercially. Us treasury secretary janet yellen has wrapped up four days of meetings in china with a warning that the us will not accept new industries being decimated by chinese imports. During a press conference, yellen said us Pres

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