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BBCNEWS Asia Business Report July 6, 2024

results missed market expectations. delayed results, a missed market expectations. teslas income and earnings fell by more than 20% in this past quarter compared to the same time last year. it is a big number, but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. samira hussain has more from new york. bringing in 20% less income is, well, not good. what helps the electric car maker, however, is that it warned wall street...
Price Cuts Down Under Welcome To Asia Business Report Mariko Oi Market Expectations Didn T

BBCNEWS Asia Business Report June 4, 2024 00:38:00

Is in china this week and trade ties are expected to be part of the agenda. the premier will likely try to persuade china to lift curbs on australian products, which stemmed from political tensions over human rights issues and different views on the origins of covid—19, to name a few. thats led to many australian companies looking at other markets for growth. phil mercer has more. its been a bumper season for winemakers in the hunter valley. the weather has been kind and the harvest has gone w...
Human Rights Western Australia Phil Mercer Dollar Export Industry Australian Wine Hunter Valley

BBCNEWS Asia Business Report June 4, 2024 00:36:00

Later this year or early next year, that will drag down demand for pcs, for smartphones and for investment in data centres, all of which are key users of chips. so right now, the biggest uncertainty hanging over the industry is the global macroeconomic outlook. trade tensions between the us and china. chips seem to be the hot commodity here and of course we had netherlands and japan also imposing restrictions similar to that of the us on chip exports. how much will these restrictions have an imp...
Data Centres Dollar Export Industry Trade Tensions Uncertainty Hanging Con Chip Global Macroeconomic Outlook

BBCNEWS Asia Business Report June 4, 2024 00:35:00

Why would i? or people dont need a car, new type of car. and that is a structural trend, society, societal change that i think this industry is very worried about. semiconductors could well become a trillion—dollar industry by 2030, but what that sector will look like then compared to now, well, that is a different question. there will be a rebound, but the rebound might not be what people have in mind. 2020, you know, i dont think itll be 2020 and some companies might not even make it to the ...
Dollar Export Industry Societal Change Chris Miller Associate Professor Chip War Tufts University

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

Late last year. but as our asia business correspondent nick marsh explains, that thats just the cyclical nature of this industry. chips are the new oil. its the kind of thing weve been hearing for a while now. but amid all the talk, you might have missed the fact that the sectors actually in the middle of a slump right now. it has been for some time. let me explain why. a couple of years ago, it was boom time for the semiconductor industry. covid created supply chain problems and therefore semic...
Dollar Export Industry Nick Marsh Semiconductor Industry Semiconductor Shortages Supply Chain Problems Interest Rates

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BBCNEWS Asia Business Report June 4, 2024 00:34:00

This industry always manages to bounce back. in fact, thats kind of the way the whole thing works. the cycle, the life cycle of the product could be, say, i dont know, two years for an iphone, five years for an electric vehicle. so they are very dependent on the cycle, where you are in the cycles. and, true enough, most analysts are forecasting a rebound sometime this year. but long term, this is an industry that is in flux. first, semiconductor manufacturing is being lured from here in asia to ...
Dollar Export Industry Life Cycle I Don T Know Semiconductor Manufacturing Asia To North America

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