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BBCNEWS Asia Business Report July 6, 2024

company s income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn t come as a complete surprise, given tesla cut prices on its top selling cars several times last year, and in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, the company saw a 36% jump trick, the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is in ....

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BBCNEWS Asia Business Report June 4, 2024 01:37:00

Without this advanced equipment. without this advanced ea-uiment. ,, . ~ . equipment. chips and ai which is really hard equipment. chips and ai which is really hard at equipment. chips and ai which is really hard at the equipment. chips and ai which is really hard at the moment, l is really hard at the moment, will this gap between china what once to produce but can t, delay its ai ambitions?- delay its ai ambitions? there is a real chance delay its ai ambitions? there is a real chance of delay its ai ambitions? there is a real chance of that - delay its ai ambitions? there is a real chance of that right. is a real chance of that right now, a shortage of many types of the chips that are used to train ai systems given the boom in generative ai, thatjust shows how critical advanced chips are, training complex artificial intelligence systems and china can t get out these chips, they will produce the most advanced once.- chips, they will produce the most advanced once. tony was a ....

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