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Transcripts For BBCNEWS Asia 20240706

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

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Transcripts For BBCNEWS World 20240706

i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th

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Transcripts for BBCNEWS World Business Report 20240604 04:55:00

Experience. gateway into that luxury watch exoerience- experience. and also, smart watches has experience. and also, smart watches has not experience. and also, smart watches has not reduced - experience. and also, smart| watches has not reduced that demand either. when the apple watch came out, and other fitness devices, people were wearing those all the time but they tend to do that and have a stunning luxury watch, as well. those who can afford it, at least. . , , least. yeah. interestingly enough. least. yeah. interestingly enough. the least. yeah. interestingly enough, the watch - least. yeah. interestingly i enough, the watch industry least. yeah. interestingly - enough, the watch industry has had its crises before the smartwatch, which was the quartz crisis which should have killed the swiss watchmaking industry, but it actually came out much stronger. the interesting thing with smartwatches, as you said, you now see people walking with two watches, the mechanical watch

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Transcripts for BBCNEWS World Business Report 20240604 04:36:00

To reduce its reliance on foreign made microchips, in favour of ones made in the usa. here s north america business correspondent samira hussain. the 56 chips apple s buying from broadcom will be designed and built in the us. it s the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion worth of wireless components to apple. the deal fits the brief apple set out for itself 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 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 prioritising domestic production of semiconductors as it tries to wean firms from

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