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BBCNEWS World Business Report June 4, 2024 04:38:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:38:00

May take retaliatory action this is the first we have heard. as you say, it came from the republican lawmaker mike gallagher, the head of the us of representatives committee on china. he has typically taken a very tough stance. he said the ua -- very tough stance. he said the ua —— he said the us may clear it will not tolerate coercion. changxin memory technologies was one of the company is listed but it said all of that memory chip companies from china should not be able to use or access the us technology. basically they shouldn't be able to access the technology they would need to make c...

BBCNEWS World Business Report June 4, 2024 04:37:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:37:00

Relying on foreign chip—makers. last summer, us presidentjoe biden signed the chips act that threw billions of dollars in subsidies and tax credits to help the domestic chip—making business. staying with microchips, the tit—for—tat between the us and china is heating up. the chair of the us house of representatives' committee on china says that the commerce department should put trade curbs on chinese memory chip maker changxin memory technologies after beijing earlier this week banned the sale of some chips by us—based micron technology. lets go to katie silver in our asia business ...

BBCNEWS Asia Business Report June 4, 2024 01:31:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:31:00

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 ...

BBCNEWS Politics Live June 4, 2024 10:36:00 - Vimarsana News

BBCNEWS Politics Live June 4, 2024 10:36:00

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. si...

BBCNEWS Asia Business Report June 4, 2024 23:32:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:32:00

Security concern. since then the us has been prioritising domestic production of semiconductors as it tries to ween perms on foreign chip—makers with that last summerjoe biden signed the chips act that drew aliens of dollars in subsidies and tax credits to help the domestic chip—making business. credits to help the domestic chip-making business. staying with the topic _ chip-making business. staying with the topic of _ chip-making business. staying with the topic of chips. - chip-making business. staying with the topic of chips. the - chip-making business. staying with the topic of chips. ...