However slower demand in trade restrictions on Chip Making Technology have put businesses under pressure. Those restrictions only apply of course too high end chips currently and again more on the pulse of the industry i spoke to stacy raskin a Senior Semiconductor analyst will stop these Export Controls were fairly targeted. Fairly targeted. The only thins fairly targeted. The only things that fairly targeted. The only things that were fairly targeted. The only| things that were actually impacted were high and Artificial Intelligence chips chips for supercomputers and equipment that was capable of manufacturing high and logic and memory. In terms of actual Revenue Impact the only ones that really saw was the Equipment Vendors. The reason is from the high end chips it was the micro to expose their they were able to backfill with other products that came in below the Control Thresholds that were legal to sell in china nvidia. The customers bought lot of those in had a backfill and did not see any revenue hit. The Equipment Vendors did see a hit. Again limited in their abilities to sell tools for advanced logic and a defence memory and it was several billion dollars across the various players. So far it is the Equipment Vendors that have borne the direct Revenue Impact of the sanctions as they are now. fix, impact of the sanctions as they are now. �. Impact of the sanctions as they are now. ~. ,. , impact of the sanctions as they are now. ~. Are now. A recent report by software are now. A recent report by Software Form are now. A recent report by Software Form techinsights| Software Form techinsights suggest there has been investment in Chip Production investment in Chip Production in china, how do you see that . Youre probably referring to the new huawei chip, a domestic Handset Manufacturer of the occiput under sanctions during the trump administration. They were prohibited from, they may use to make their own fairly advanced and made by other foundries and they were prohibited from making those chips or having them made for them. Huawei apparently is now making domestically designed and domestically produced 56 Handset Chips at a chinese foundry known as smic. For what they are, i suppose they look pretty good. I do not think that they arent necessarily competitive with the us based chips that they are likely replacing. They are likely bigger, burn more power and everything else. But they may be serviceable. This is one thing about these restrictions in general, i dont think that china can quote unquote catch up china can quote unquote catch up to the us but we are forcing china to do is to become creative. To find ways to exist in work within the nature of the environment that they find themselves in. If they cannot go through than they will go over come around. We are forcing them to figure out and discover new ways to do things, whether or not those ways are as competitive as the old ways may not matter. As long as they are good enough and is for local consumption they may do it. Second that is what we are seeing and huawei and the cheney chinese Manufacturing Semiconductor overall. Cheney chinese Manufacturing Semiconductor overall. Semiconductor overall. What is the li. Ht semiconductor overall. What is the plight of semiconductor overall. What is the plight of the semiconductor overall. What is the plight of the global the plight of the Global Semiconductor industry at the moment was back to you see any recovery in sight . Semiconductors have a very strong years in the wake of covid and we are in a down turn out. It depends on which parts of the market you are talking about because different parts are correcting for parts peaked at different times in different parts correcting. So for example most of the stuff strong during covid was work from home, play from home stuff, pcs and Game Consoles and graphics cards and all of that stuff is very, very strong. It has since collapsed it would pretty much corrected back to pre covid levels. The sorts of things, pcs and the like will have likely reached bottom and probably through most of that correction. We are at a lower level than we were already out but versus pre covid we are normal. There are other parts that are not as good of the market. For example Enterprise Spending is pretty weak. Traditional data spender spending is weak. Artificial intelligence is off the charts though. Other markets like industrial and auto have been more robust in holding up through thick and thin are now showing signs of cracking. Industrial showing some issues again depends on part of the market youre talking about but we strength is an issue particularly areas like in china where they are going through some economic problems right now. And then automotive which is one of the most robust of all of the and marcus was most affected by the shortages during covid. And the Entity Demand has been the most sustained. That is now starting to show cracks as well. So it will depend on what part you are talking about. It is an asynchronous cycle and the effect that is it stretches out the whole thing as you have different parts of the market that both peak and correct the different times. This year will be a downturn. Be a downturn. Stacy raskin from byrd be a downturn. Stacy raskin from byrd skin be a downturn. Stacy raskin from byrd skin research. Be a downturn. Stacy raskin. From byrd skin research. Now be a downturn. Stacy raskin from byrd skin research. Now in Taiwan Markley the chairman of ts em has been speaking giving an update on the Company Project in arizona which has been delayed with reports due to Worker Shortages and union disputes. Take a listen. Translation disputes. Take a listen. Tuna mom disputes. Take a listen. Translation for arizona i would like translation for arizona i would like to translation for arizona i would like to say translation for arizona i would like to say a translation for arizona i would like to say a few translation for arizona | | would like to say a few words. We do not need it for Church Building a new place, it will not be running as some of the entire want but the morale of our arizona colleagues is high and they have made fast products in the last few months products. Products in the last few months produets products. Like many devel0ping products. Like many developing nations products. Like many| developing nations india products. Like many. Developing nations india is products. Like many developing nations india is a struggling to find a balance between development and managing its climate goals. The country has seen a surge in climate related disasters in recent years. From floods to landslides and droughts. Ahead of the Big 620 Summit that is coming up this weekend, my colleague looked at the cost of Climate Change in india. What was once a bustling Defence Training academy in the himalayan town of uttarakhand now lies in ruins. The academys founder ashish could only watch it crumble from afar. The saving grace, all 120 students and staff were rescued in time. Translation � in time. Translation . , in time. Translation �. ,. , in time. Translation . ,. ,. , translation all of our dreams were broken translation all of our dreams were broken at translation all of our dreams were broken at once translation all of our dreams were broken at once when translation all of our dreams were broken at once when we. Were broken at once when we saw it sink. We have not seen such heavy rains earlier. Some houses in the village ahead were also washed away. Unusually heavy rainfall has heightened the risk in these terrains. Frequent landslides in this tourist tub has also hurt businesses. Translation ,. ,. , translation small transporters make their annual translation small transporters make their annual profits make their annual profits during the season of religious torts but this year we have lost 80 business. Tors. In lost 80 business. Tors. In the past lost 80 business. Tors. In the past three months unforgiving weather in Northern India has claimed hundreds of lives and displaced thousands. Economic losses in the region are estimated to be at around 2 billion. It is not restricted just to the hills. So far this year, almost every day has been marked by Extreme Weather events in different parts of the country. And not just as flash floods and overflowing rivers, but also heat leaves and serial drought. Adapting to this Climate Crisis comes at a high cost. Over 1 trillion by 2030, according to indias century break. Experts say funds are woefully short despite pledges of support. The money for despite pledges of support. Tue Money For Climate despite pledges of support. Tt;e money for Climate Change despite pledges of support. Tt9 money for Climate Change which is coming largely for mitigation is not even going to the countries who need it most. It is going as loans, as equity, which means that indebted countries are being made further indebted through the name of Climate Change. And then there is absolutely no money for loss of damage. India, like other developing nations faces a challenge. Balancing Economic Growth for its i balancing Economic Growth for itsi billion people with managing climate goals. While richer nations climate pledges are welcomed, turning promises into actions is crucial. Reporting there from india. Meanwhile workers at chevron� s Liquefied Natural Gas Facilities in australia have agreed to pause their planned Strike Action for a day. Industrial action had been scheduled to begin on thursday but will now be delayed until friday morning. A share from australia spokesperson confirmed the delay in an e mail to the bbc. Unions at chevron have been participating in mediation talks over ongoing disputes over pay and conditions. Australia is one of the Worlds Largest exporters of lng along with qatar and the ln6 along with qatar and the us. Interest rates in the uk may be close to their peak. That is according to the Bank Of England governor who told members of parliament, quote, we are much nearer now to the top of the cycle. But he also warns that rates may still have to rise further. The bank has hiked Rates Ia Times in a row as it tries to slow the fastest piece of price rises among the worlds biggest economies. Something we have seen happen in the us as well. Meanwhile the head of ryan eric has slammed a report on flight chaos seen over the bank holiday as rubbish. He told the bbc that the disruption on the 20th Of August Will Cost Ryanair between 15 and £20 million. Hundreds of flights were delayed or cancelled that day after the uks air Traffic Control system was brought down. The head of the National Air Traffic services called it, one in a 50 million events. You can find much more on our website. That is it on this addition of asia businees report, thank you very much watching. Bbc news bringing you different stories from across the uk. Nurse cynthia butcher is establishing a baseline, testing the Hand Eye Coordination of 55 year old lisa haynes now to see if the drugs she takes as part of a new trial make a difference. Lisa has progressive ms. Her symptoms first started when she was in her late 30s. Some people when i was walking, they were like, lis, have you been drinking . I looked as if id had a drink, you know, and i said, no, no, thats just my. I used to call it my dodgy legs. When i walked, it was as if my feet didnt know where the earth was. Shes now involved in the first wales based part of a uk wide trial, the octopus trial, so called, because it has multiple arms and stages, looks to see if medicines used to stem the progression of other conditions can help with hers. So in progressive ms in general, we see that there is a slow deterioration in Walking Abilities as well as cognitive slowing. So we hope to see that all those aspects will be slower by the drugs we try. Lisa doesnt know whats in the two large tablets she currently takes each evening. Indeed, they may be the placebo, but shes happy to be involved in something that one day, hopefully, could have a huge impact on the lives of those with ms. For more stories from across the uk, head to the bbc news website. Hey im zoph with the catch up. Tonight somewhat arrived in the uk, a first for scientists and a surprise pop star. But first, our top story tonight. A manhunt has been launched for a former soldier suspected of terror offences. Daniel abed khalife escaped from Wandsworth Prison on wednesday morning. The 21 year old has been accused of leaving fake bombs at a military base. Hes six foot tall and last seen wearing a white t shirt, Red And White chequered trousers and brown boots. We finally got all summer here in the uk. Then about time, temperatures above 31 degrees are hitting various areas in southern england, yorkshire and devon. If you are going out, dont forget to slap that suncream on. Some other stories now scientists have managed to grow something that closely resembles an early human embryo. Thats without using sperm, eggs or a womb. They use stem cells and it looks like an example of a real ia day old embryo. And youve probably seen at the nta awards have been trending just about everywhere. Our very own Sarah Lancashire won two awards and happy valley won best returning drama and this morning was beaten by the bbc� s repair shop. The full list of winners are of course on the bbc news website. And time now for 10 seconds of an iconic moment in eastenders, stacey slater� S Granddaughter has been named after a pop star. Check it out. Her name is charlie. 0h, after uncle charlie. Oh, no, after charlie xcx. 0h, get with it, jack. Its a singer. I love it. Charlie xcx is a fan of that as well. Youre all caught up now. See you later. Hello and welcome to sportsday im marc edwards. Heres whats coming up in the show. Best of buds off the court but russian duo Daniil Medvedev and Andrei Rublev slug it out in tough conditions at the us open with a Semi Final Place at stake. No sets dropped and soon to be world number i. Arina sabalenka is into the semi finals of the us open. History made as sri lankas women beat england in a t20 series for the first time in their history. Hello and thanks for joining us on sportsday, were going to start at flushing meadows, its the us open where heat and humidity provided for a gruelling battle between lifelong friends Daniil Medvedev and andre rublev in their mens quarter final. Before the meeting of the muscovites, the pair had talked about a Friendship Dating back to when rublev was just six years old. But all of that put aside and everything centred around the conditions with medvedev particularly vocal about the brutality of it all. Nevertheless it was the 2021 us open winner who took the match 6 a, 6 3, 6 a to reach the last four of a major for the 7th time