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Samsung plans to hike chipmaking cost by up to 20%: Report - Vimarsana News

Samsung plans to hike chipmaking cost by up to 20%: Report

Samsung Electronics is the world's second-largest chip contract manufacturer, after Taiwan Semiconductor Manufacturing Co.

Detailed text transcripts for TV channel - FOXNEWS - 20180308:16:35:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20180308:16:35:00

Rockies. unlike mills in the midwest that makes steel, california imports its raw material in slabs. converting it into coils and pipes and sell it to companies that turn finished steel into framing, solar panels and more. >> we are american jobs. >> reporter: one problem is transportation. importing slabs from mexico and brazil by ship cost $20 a ton. moving it by rail from the midwest more than $100. >> the freight cost to bring from those countries to california, cost one fourth of the freight cost from the east coast to the west coast. >> reporter: rodriguez wants trump to exclude slabs fr...

Detailed text transcripts for TV channel - FOXNEWS - 20180308:16:36:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20180308:16:36:00

>> reporter: the problem is that china has been dumping finished steel like you see in that coil at $200 a ton. u.s. market price is $400 a ton. you can see that slapping a tariff necessarily in the slabs won't solve the problem. these guys are the largest in port of l.a. they have 200 customer who buy their product. you can see the ripple effect in the economy if a like this largest in the west coast, goes down the tubes. back to you. >> julie: thank you. >> jon: fox news confirms president trump spoke with witnesses in the russian investigation about their interviews with special counsel rob...

Detailed text transcripts for TV channel - FOXNEWS - 20180308:19:55:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20180308:19:55:00

Thing. and that's what's gonna hurt us as a company if this goes through. >> if they impose tariffs on the slab, it will harm our business very bad. >> reporter: california steel is the largest producer west of the rockies. california imports its raw material in slabs, converting it into coils and pipes then selling it to companies that turn finish school into framing, solar panels and more. >> talking about saving american jobs, right? we are american jobs. >> reporter: he said one problem is transportation. importing slabs from mexico or brazil by ship cost $20 a ton. moving it by rail from ...