:00:08. > :00:16.You're watching BBC World News. Four Israeli soldiers have been killed in
:00:17. > :00:20.a track attack in Jerusalem. The driver of the vehicle were shot
:00:21. > :00:27.dead. The Prime Minister Benjamin Netanyahu believes the attacker was
:00:28. > :00:31.inspired by it Islamic State. US Defence Secretary Ash Carter called
:00:32. > :00:35.the North Korean missile testing a serious threat to the US and that
:00:36. > :00:40.America would be prepared to shoot down a missile. This video is
:00:41. > :00:44.trending online. It is footage caught off a huge school of wire
:00:45. > :00:50.which fell off a truck in the US state of Pennsylvania and proceeded
:00:51. > :00:54.to roll down the wrong way at cross a motorway, causing havoc and
:00:55. > :00:58.forcing cars to swerve out of its way -- spool of wire. Luckily no
:00:59. > :01:07.cars were hit and no one was injured. You are up-to-date. Stay
:01:08. > :01:12.with us here on BBC World News. And the top story for you in the UK, a
:01:13. > :01:17.24-hour strike by London Underground workers is under way, it is by
:01:18. > :01:23.drivers and station staff about job losses and ticket office closures.
:01:24. > :01:33.More from me but first hearing is Sharanjit. Chrysler Fiat pours $1
:01:34. > :01:39.billion into US factories and moved some production from Mexico. And a
:01:40. > :01:43.decade since this little gadget changed the way we communicate, what
:01:44. > :01:57.is in store for the next ten years of the smartphone? Hello, welcome to
:01:58. > :02:05.Asia Business Report. Another car maker makes a huge investment in the
:02:06. > :02:08.United States. Fiat Chrysler is investing $1 billion in America,
:02:09. > :02:13.including modifying a plant in Michigan which will make pickup
:02:14. > :02:17.trucks manufactured in Mexico. The move comes as the President-elect
:02:18. > :02:21.Donald Trump pressures the auto industry to hire workers and produce
:02:22. > :02:26.vehicles north of the border. Last week Ford announced it was
:02:27. > :02:32.cancelling plans for a factory in Mexico and will build the cars in
:02:33. > :02:36.the US. All of this comes as one of the world's biggest auto shows'
:02:37. > :02:42.where car giant showcase their latest products. Earlier I spoke
:02:43. > :02:46.with a spokesperson for the auto industry and his reaction to the
:02:47. > :02:50.Fiat Chrysler and Mt. They have followed suit with what Ford has
:02:51. > :02:56.done and some of the automakers we have heard from, so there seems to
:02:57. > :03:00.be a new awareness that if you are planning and had big ideas to roll
:03:01. > :03:05.out Mexico -based production, maybe you are not going to do that now,
:03:06. > :03:11.you will keep it in the US. It is startling given he is not even the
:03:12. > :03:16.president yet. Is this becoming a long-term change or trained in car
:03:17. > :03:21.manufacturing? I think Donald Trump will come into office and he will
:03:22. > :03:26.look for smart ways to keep jobs in America. At the same time you have
:03:27. > :03:29.to be careful for unintended consequences, always the bugaboo of
:03:30. > :03:33.government agencies. If you keep the jobs here and force up prices of
:03:34. > :03:38.cars and make them uncompetitive with cars coming from elsewhere,
:03:39. > :03:40.companies building the cars in a different way, you might end up
:03:41. > :03:44.hurting companies because they simply cannot make cars affordable
:03:45. > :03:48.for Americans, then you will have companies laying people off not
:03:49. > :03:54.because cars are built elsewhere but they cannot sell enough to employ
:03:55. > :03:57.people. Economics is interesting. Usually there is cause and effect.
:03:58. > :04:01.And you can't do one thing and assume an upside. There is almost
:04:02. > :04:06.always repercussion somewhere else. This show has taken on political
:04:07. > :04:09.overtones as the President-elect Donald Trump targets the car
:04:10. > :04:13.industry, so is it something a lot of people are talking about? Yes,
:04:14. > :04:18.there is a buzz about the impact on drum is having on the car industry
:04:19. > :04:20.and how much he has had before he has been officially sworn as
:04:21. > :04:27.president and there is definitely apprehension across the country as
:04:28. > :04:31.to how big an impact he will have on plans, whether it is building plants
:04:32. > :04:35.in Mexico or redistributing where the cars are built and how they are
:04:36. > :04:41.shipped, there is a thinker little uncertainty that was unfair to
:04:42. > :04:46.months ago -- that wasn't there two months ago because they don't know
:04:47. > :04:49.what the man in charge is going to do.
:04:50. > :04:54.The shares in Australian miners are down this morning on forecasts of
:04:55. > :04:58.lower iron ore prices. The government expects average iron ore
:04:59. > :05:02.prices for the next two years to drop nearly half. Current spot
:05:03. > :05:08.prices of the commodity used in making steel are at about US $80 per
:05:09. > :05:14.ton and iron ore is Australia's biggest commodity export.
:05:15. > :05:18.Over in Mexico, nearly 10,000 people are taking to the streets in the
:05:19. > :05:25.western area to protest the country's gasoline price hike. They
:05:26. > :05:28.are enraged by a 20% jump in fuel prices which were announced as part
:05:29. > :05:34.of the government deregulation of the energy sector.
:05:35. > :05:37.Jakarta is known for having some of the world's worst traffic and to
:05:38. > :05:42.reduce the number of motorbikes the government has made it three times
:05:43. > :05:45.more expensive to register a vehicle. It also wants to raise
:05:46. > :05:52.money for its infrastructure programme.
:05:53. > :05:59.Jamal al-Jamal is the first in his family to own a motorbike.
:06:00. > :06:02.TRANSLATION: I borrowed money for the downpayment from a friend and
:06:03. > :06:06.then I paid it off slowly and finally it was mine. I never dared
:06:07. > :06:12.to dream I would own a motorbike. It is like a dream come true.
:06:13. > :06:17.Motorbikes can be bought here with a deposit of as little as $50 US and
:06:18. > :06:21.then paid off in monthly instalments. Nearly half a million
:06:22. > :06:28.motorbikes are sold in Indonesia each year. In Jakarta, with very few
:06:29. > :06:32.public transport options, people turn to motorbikes to try and get
:06:33. > :06:35.around reasonably quickly. They can weave through the traffic but the
:06:36. > :06:39.government is hoping that by making it harder and more expensive for
:06:40. > :06:43.people to own a bike they will think twice about buying a bike and having
:06:44. > :06:53.to add their bike to this already chaotic and traffic jams Streets.
:06:54. > :06:58.But for this motorbike driver, owning a bike isn't a choice and he
:06:59. > :07:03.is worried about how he is going to pay a 300% increase in this year's
:07:04. > :07:11.registration fees. TRANSLATION: It is too much all at once. I don't
:07:12. > :07:16.earn very much. Why didn't they make it a slow increase? It is going to
:07:17. > :07:20.be very hard. I am struggling at the moment to earn enough to feed my
:07:21. > :07:25.family, let alone pay registration. The government says it is going to
:07:26. > :07:29.use the money that it gets from the increase to pay for its
:07:30. > :07:33.infrastructure projects that include the building of a mass rapid
:07:34. > :07:39.transport network, an underground subway train network that this city
:07:40. > :07:43.has been talking about for decades but now the government says is
:07:44. > :07:51.finally building it and is this the long-term answer to the traffic was?
:07:52. > :07:56.-- woes? Ten years ago today the first ever iPhone was announced by
:07:57. > :08:01.this man, the then chief executive of Apple, the late Steve Jobs, now
:08:02. > :08:05.of course we know it took the world by storm and lots of other
:08:06. > :08:10.manufacturers such as South Korea and Samsung have joined the game as
:08:11. > :08:14.well, but smart phones have changed Alli lives dramatically, so just how
:08:15. > :08:40.obsessed are we? Let's have a look. -- changed our lives dramatically.
:08:41. > :08:45.No, I don't think it is possible right now to live without a
:08:46. > :08:50.smartphone. I mean, it is possible, but it just becomes very difficult.
:08:51. > :08:53.Right now everything is easy. I can do things without having to go
:08:54. > :08:59.outside, like booking my movie tickets, or even interacting with my
:09:00. > :09:04.friends, I don't have to make calls and everything because I cant just
:09:05. > :09:13.send text messages. -- because I can. When I am not working usually I
:09:14. > :09:20.am always on my phone. 22 hours a day. Almost every minute. Don't tell
:09:21. > :09:25.my boss. When you see people walking around, they are on their phone.
:09:26. > :09:30.They are reading their phone all the time. I don't think it is healthy. I
:09:31. > :09:36.am sure we can all identify with that.
:09:37. > :09:40.Well, of course, those figures are from EMarketeer, and I spoke with a
:09:41. > :09:45.spokesperson from the firm and asked where the exports for smart phone
:09:46. > :09:48.penetration come from. We are looking at Indonesia and the
:09:49. > :09:52.Philippines as countries that will grow significantly. The most
:09:53. > :09:58.significantly in 2017 in terms of smartphone adoption. We saw that
:09:59. > :10:02.Taiwan and Singapore, nearly 90% of the population have smart phones.
:10:03. > :10:07.Will it ever get to 100%, and why not? Well, I would say that it would
:10:08. > :10:14.not get to 100%, because if you look at the population, and we estimate
:10:15. > :10:18.smart usage among individuals of all, the youngest demographic is
:10:19. > :10:22.where we wouldn't expect smartphone adoption to be happening, so that is
:10:23. > :10:26.why we wouldn't reach the 100% anytime soon. When you look at
:10:27. > :10:30.percentage mobile phone users, we will get close to that 100%, and
:10:31. > :10:35.Taiwan will be one country that will come the closest, but we don't
:10:36. > :10:41.expect 100% anytime before 2020. Aside from Taiwan and Singapore we
:10:42. > :10:45.know Asia has a lot of developing markets. Will the technological
:10:46. > :10:50.infrastructure ever get good enough to support more smartphones in this
:10:51. > :11:02.region? Yes, I think it will, and if you look at the country like Vietnam
:11:03. > :11:05.we see 3G is widely available and also 4G LTE availability is
:11:06. > :11:10.improving, and we expect it to improve over the next few years, so
:11:11. > :11:13.when that infrastructure is in place it really encourages smartphone
:11:14. > :11:18.adoption, as well as wireless becoming more affordable. When do
:11:19. > :11:22.you think 5G will be rolled out in these markets? I would say that is a
:11:23. > :11:25.longer term prospects. Just because we have to get the infrastructure in
:11:26. > :11:30.place before uptake really will occur.
:11:31. > :11:34.Let's have a quick look at the market before we go because Japan's
:11:35. > :11:38.market is closed. Australia continues to gain despite
:11:39. > :11:42.the fall in iron ore prices being projected, leading to a fall in
:11:43. > :11:48.miners. It is gaining as it follows the US. That is it for this edition
:11:49. > :11:52.of Asia Business Report. Thank you for watching.
:11:53. > :11:56.Four Israeli soldiers have been killed in a truck attack
:11:57. > :12:01.The US defence secretary calls North Korea's missile programme
:12:02. > :12:08.a threat and warns America is prepared to respond.