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BBCNEWS Asia July 6, 2024

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 ....

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BBCNEWS Asia July 6, 2024

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 s ....

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MSNBC The Last Word With Lawrence ODonnell July 7, 2024

producing countries to increase their oil output. ali she hobby, a study analyst, told the new york times that it is certainly not a hostile, anti biden act. it has nothing to do with biden, it is to keep the price in unacceptable band. and quote. okay. so how should we analyze this set of facts? the summer, saudi arabia paid former president donald trump to host a tournament at his golf courses, which is a move much criticized as so called sports washing, attempting to launder its reputation on human rights abuses with people who don t care about that sort of thing. people like the former president, who bragged to reporter bob woodward that he, quote, saved mohammed bin salman, after a saudi death squad had washington post reporter killed and dismembered with a bunch of. his words, as quoted in woodward s book called rage, i saved his ass, i was able to get congress to leave him alone. i was able to get them to stop. and quote. those were trump s actual words about hel ....

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BBCNEWS Asia Business Report June 4, 2024 01:33:00

A leading maker of dram chips in china, which will be the biggest beneficiary if micron pulls out of china or allowed to be used in china, we are seeing mike gallagher come in and say, we should actually be restricting them as well. so now we have this tit for tat on chips. we are trying to de escalate. the idea is to drive down the tension so we don t continue with the chip war and hopefully we will make progress but right now this is a sideshow in the middle of these negotiations. now, indian prime minister narendra modi is in australia for a two day visit aimed at boosting political and economic ties. last year, two way trade was valued at roughly $31 billion, and that is unexpected to grow after a free trade deal came into effect last year. phil mercer and arunoday mukharji explain. ....

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BBCNEWS Asia Business Report June 4, 2024 01:32:00

Last summer, us president joe biden signed the chips act that threw billions of dollars in subsidies and tax credits to help the domestic chip making business. now, staying with the topic of chips, the us senate s top democrat say they are were engaging allies and businesses to address china s ban on sales of memory chips by american manufacturer micron. i spoke to roy wang of constellation research. he explains the impact that this would have on micron. micron doesn t have that much of a share inside china but main point here is we are in a tit for tat war that basically the cac, the cyberspace administration in china is saying we have seen some security risks, but we can t explain what they are. we are about to get the tat on the us side when the cxmt, ....

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