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Transcripts For BBCNEWS Talking 20240704

You know, an iphone sold in the us or europe might be designed in california and built in india using Semiconductors Made in taiwan from Raw Materials provided by china. So if any link in that supply chain breaks, it sets up big problems for the rest of the chain. And thats true for smartphones, as it is for pcs, and especially in Battery Production for those Electric Vehicles were buying more and more of. So what if one country decides to make it harderfor others to get hold of some of those critical Raw Materials . Well, thats what china announced just last month. Translation the Chinese Government implements i
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Transcripts For BBCNEWS Asia Business Report 20240706



that comes after the embattled endo revealed it suffered a huge file and deposits the first quarter. it became under pressure after other banks collapsed last month. we have more from new york. normally when a companies earnings for a quarter are released executives hold a call with analysts where they take questions but that was not the case for first republic bank. executive spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things had become at the regional bank. during the first quarter, it lost $102 billion in customer deposits. that s way more than half of the $176 billion it had on hand at the end of last year. after at the end of last year. after a silicon valley bank and signature bank were taken over by federal regulators while the street worried that first republic could be the next bank to go down. since it has similar clients to silicon valley bank. people in the start up space. 0n valley bank. people in the s ....

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Transcripts For BBCNEWS Asia 20240703



for a couple of years there was bad communication, so good communication with chinese officials, and to make sure that the us government understands that having us business in china, active in china, competing in china, is good for the companies and is good for the companies and is good for the united states. the treasury secretary is also wanting to push back on china about overproduction whilst also advocating for favourable conditions for us businesses in china. do you think she s going to be able to achieve that? ho. to be able to achieve that? no, in a word- to be able to achieve that? no, in a word. not to be able to achieve that? no, in a word. not today, to be able to achieve that? iifr, in a word. not today, but i think we need to keep that message coming. you know, if you drop a talking point the chinese will feel, 0k, well, it is sold. so market access will continue to be a strong message, as well as national security. she s going to talking about natio ....

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Transcripts For BBCNEWS Asia 20240703



we are looking at oversupply thatis we are looking at oversupply that is enormous. the prices of panels we are looking at oversupply that is enormous. the prices of panels drop we are looking at oversupply that is enormous. the prices of panels drop between we are looking at oversupply that is enormous. the prices of panels drop between 35% we are looking at oversupply that is enormous. the prices of panels drop between 35% and we are looking at oversupply that is enormous. the prices of panels drop between 35% and 50% in all european countries last year so obviously this is a challenge for everyone whose manufacturing or owning panels in warehouses, but for the consumer it is excellent news. no one has got as cheap european energy as consumers are getting this year. how many ofthe are getting this year. how many of the solar are getting this year. how many of the solar panels are getting this year. how many of the solar panels you - are getting this year. how many ....

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Samsung's profits decline in Q4 2023, targets double-digit growth for flagship smartphones |

Samsung recently published its earnings report for Q4 of 2023, which ended on December 31st, 2023. The company's consolidated revenue for the quarter was 67.78 trillion won (around $50.78 billion). This is a decrease of 3.8% YoY but an increase of 0.56% QoQ. Samsung's operating profit for this quarter was 2.82 trillion won (around $2.11 billion. This is down by 34.5% YoY, mainly due to uneven chip demand. It is the fourth consecutive quarter in which Samsung has seen a decline in operating profit. ....

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