:00:00. > :00:00.of alleged abusers questioning their own victims.
:00:00. > :00:11.Now on BBC News, all the latest business news live from Singapore.
:00:12. > :00:20.US President-elect Donald Trump pics on Japanese car maker Toyota for its
:00:21. > :00:23.plans to build a new plant in Mexico.
:00:24. > :00:33.And a new gadget for cyclists, one that tracks your performance while
:00:34. > :00:40.keeping your eyes on the road. Hello and welcome to Asia Business Report.
:00:41. > :00:43.Shares of Japanese car maker Toyota are down 1.5% right now after
:00:44. > :00:50.tumbling 3% earlier this morning. This comes after President-elect
:00:51. > :00:56.Donald Trump tweeted that if Toyota goes ahead with plans to build a new
:00:57. > :01:02.plant in Mexico, especially for its Corolla car model, instead of the
:01:03. > :01:06.US, then it faces a big border tax when it ships cars north. Toyota
:01:07. > :01:15.announced in April that it would build a $1 billion macro -- Carolla
:01:16. > :01:19.factory in Mexico. I asked if there had been any reaction to that latest
:01:20. > :01:23.tweet. Toyota was quick to respond to the latest tweet by the
:01:24. > :01:28.President-elect and they said quickly in a statement that they
:01:29. > :01:35.employ someone and 36,000 people here in the United States and that
:01:36. > :01:38.the production in the United States would not be impacted by this
:01:39. > :01:42.facility that they are planning to build in Mexico. They also talked
:01:43. > :01:46.about just how many millions of dollars of US investment that the
:01:47. > :01:51.company brings here, so it was really quick to talk about its
:01:52. > :01:55.achievements in the US and offcourse that it is looking forward to
:01:56. > :02:00.working with a Trump administration. Why do you think he is particularly
:02:01. > :02:09.going after the auto industry this week? This is really part of Mr
:02:10. > :02:14.Trump's America First policy. This is something he campaigned on and
:02:15. > :02:19.right now we are really seeing him call some of these companies to
:02:20. > :02:22.task. He wants to see companies that are manufacturing things, to make
:02:23. > :02:27.them in the US, and if they don't he wants to see them pay really heavy
:02:28. > :02:31.tariffs on those items that they are going to be selling in the US. This
:02:32. > :02:38.is really part of the more protectionist language that we heard
:02:39. > :02:41.from Mr Trump and that will be carried through to his
:02:42. > :02:46.administration, especially when you look at some of his appointments.
:02:47. > :02:52.Samsung Electronics says it expects to make $7.8 billion in profit in
:02:53. > :02:57.the final quarter of last year, that's a jump of 50% from the
:02:58. > :03:02.previous year and better than many analysts were expecting, thanks to
:03:03. > :03:06.sales of memory chips. Samsung embarrassingly stopped sales of its
:03:07. > :03:11.Samsung Galaxy Note 7 phone after reports of them catching fire. We
:03:12. > :03:17.are joined by a technology consultant from IDC. Memory chips
:03:18. > :03:21.have offset concerns about the Galaxy Note 7, but you were
:03:22. > :03:25.expecting this? When you look at a lot of the headlines in the past
:03:26. > :03:30.couple of months it has always been about exploding batteries, doom for
:03:31. > :03:36.Samsung, that's not their only business. If anything, what really
:03:37. > :03:41.driving things is the strong memory, they have high memory and demand
:03:42. > :03:44.from mobile phone makers and it also displayed, this small, high end
:03:45. > :03:49.screens that are increasingly going into a lot of high end phones.
:03:50. > :03:52.Really helping them. They are very profitable businesses, so these
:03:53. > :03:56.businesses are behind the scenes of the mainstream consumer and that's
:03:57. > :04:00.what is driving it. At the end of the day what happened to the Galaxy
:04:01. > :04:05.Note 7, as painful it was, it just bounced right off because all of
:04:06. > :04:09.these other businesses helped it. It is to use a that's because there are
:04:10. > :04:13.many concerns that it will impact them and their reputation. Will that
:04:14. > :04:18.follow Samsung into this year and how can it continue to stay
:04:19. > :04:23.profitable? It still is a cloud lingering over their heads. They
:04:24. > :04:28.still haven't explained what caused those exploding batteries. The good
:04:29. > :04:30.thing is a couple of days ago at the consumer Electronics Show in Las
:04:31. > :04:34.Vegas they said something was coming soon. They didn't say exactly when.
:04:35. > :04:39.They will explain what happened. What that will be key to the
:04:40. > :04:43.reputation, got until then people are still worried. They are the butt
:04:44. > :04:47.of jokes. If you buy a Samsung it will explode. They have to make it
:04:48. > :04:51.clear what went wrong, why it won't happen again and they have to get
:04:52. > :04:58.this announcement soon announcement now. Of course there's the arch
:04:59. > :05:05.rivalry with the Mac and iPhone. Because of the Galaxy Note 7
:05:06. > :05:10.scandal, Apple's iPhone 6 was said to be the most popular smartphone.
:05:11. > :05:15.How can Samsung regain ground? In terms of popularity, there are
:05:16. > :05:20.different ways to measure it. In terms of market share, Samsung still
:05:21. > :05:25.has a commanding lead and it is continue to have that. They are just
:05:26. > :05:31.at the high end, have a low-end and that carries things through. But as
:05:32. > :05:40.you say what about from a mind share perspective? That will depend on the
:05:41. > :05:49.user. Some are Apple's fans, others are Android fans. The rumours we are
:05:50. > :05:54.hearing about the next Galaxy, maybe no home button, stuff around AI. So
:05:55. > :05:58.there is interesting stuff, if these rumours are true, that could end up
:05:59. > :06:01.being a nice product for them, but they have to get the battery
:06:02. > :06:08.reputation behind them. We look forward to the next big product.
:06:09. > :06:13.Thank you so much for that. Will it be a better year for Asia's property
:06:14. > :06:17.markets this year, after a mixed bag in 2016? Property markets in China
:06:18. > :06:22.and Australia remain strong, driven by growth in major cities, there's a
:06:23. > :06:26.different in much of Southeast Asia where growth was more subdued. Which
:06:27. > :06:31.markets are likely to do well in the coming 12 months? Here is the view
:06:32. > :06:37.from someone with a real estate firm. Let's pick out some of these
:06:38. > :06:43.star performers. China, this has caught the imagination of many
:06:44. > :06:47.people. 20% plus price growth in cities like Beijing and Shanghai. So
:06:48. > :06:51.much so that the authorities have stepped in again to try to bring in
:06:52. > :06:55.cooling measures. Elsewhere, Australia has still been a steady
:06:56. > :07:01.performer, as you mentioned. This is like Sydney and Melbourne, still
:07:02. > :07:07.seem fairly reasonable price growth. And then places like New Zealand,
:07:08. > :07:11.Auckland continues to be a star performer. China and Hong Kong have
:07:12. > :07:14.been seeing growth, despite these measures. The government has tried
:07:15. > :07:18.to put in more measures and are regulating the finance, trying to
:07:19. > :07:25.impose some capital controls. What impact might this have full Bell? --
:07:26. > :07:30.might this have? It is difficult to say. Over the last 12 months with
:07:31. > :07:34.the number of cooling measures. It is difficult if you don't have the
:07:35. > :07:42.money to invest in certain cities. That's not to -- that has had a
:07:43. > :07:48.cooling effect. But PS3 and four cities still have a big overhang of
:07:49. > :07:52.supply. -- tier three and four. How could this impact the market? It
:07:53. > :07:55.could have a dampening impact on outbound but that could lead to the
:07:56. > :08:00.benefit of some Chinese markets themselves. Chinese investing in
:08:01. > :08:06.Shanghai and Beijing, instead of overseas.
:08:07. > :08:09.The annual Consumer Electronics Show is a mecca for anyone interested in
:08:10. > :08:18.the latest high-tech gadgets and among them a type of smart glasses
:08:19. > :08:21.designed to make people fitter. Smart glasses have failed to have
:08:22. > :08:26.much of an impact. People will remember Google class. But it's
:08:27. > :08:31.believed these $500 glasses will succeed.
:08:32. > :08:35.These are some smart glasses, especially for cyclists. I am
:08:36. > :08:45.wearing them now. Very fetching. It is a Google Glasses like setup. I
:08:46. > :08:49.can see the calories on burning, how fast I am cycling and the
:08:50. > :08:54.innovation. How high I am, if I was on a bike. You are the creator of
:08:55. > :08:57.this device. Why is it better to have smart glasses than a little
:08:58. > :09:01.device on your handlebars eating it the same information? We are seeing
:09:02. > :09:06.an evolution of how people in different areas consume their data,
:09:07. > :09:11.especially sports, where data is becoming the norm. You are training
:09:12. > :09:15.to become better. There is standard technology out there for cyclists,
:09:16. > :09:20.that amount on handlebars, but we believe the evolution of how data is
:09:21. > :09:24.consumed is real-time, and so you don't have to get distracted. Isn't
:09:25. > :09:28.it more distracting to have things projected over my vision? No,
:09:29. > :09:34.because you can see through the information. The information
:09:35. > :09:39.disappears when you focus beyond it for five metres and that information
:09:40. > :09:42.is actually on demand. When you change focused information suddenly
:09:43. > :09:45.appears in your field of view, art at the same time you aren't losing
:09:46. > :09:50.your context because you are focusing on the road. In addition to
:09:51. > :09:54.the display you also have integrated speakers in the headset that are
:09:55. > :10:00.acoustically giving you directions for your training. So I don't have
:10:01. > :10:06.to look at my phone. Why are these built into tinted spectacles? Would
:10:07. > :10:12.it make driving or cycling at night more difficult? The lenses are
:10:13. > :10:18.interchangeable. There is a dark lens, but the user can change it for
:10:19. > :10:25.a clear and lens or a mirrored on. It is just another smart set of
:10:26. > :10:28.glasses, with technology built in. That ends this edition of Asia
:10:29. > :10:32.Business Report. Thanks for watching.