31/10/2017 Asia Business Report

A man and several of his children

remain unaccounted for after fire

gutted their remote farmhouse

in Powys in mid-Wales.

Now on BBC News all the latest

business news live from Singapore.

Samsung Electronics is bringing in

the profits due to demand Fred 's

smartphones in India and rising

sales of its semiconductors.

Singapore opens a new airport

terminal which is highly motor --

highly automated. We take you there

are on its opening day. Good

morning, Asia. Hello, world. It's

Tuesday. Welcome to this edition of

Asia Business Report. I am Rico

Hizon in Singapore. We start off

with Samsung and its memory chip

sales are responsible for booking

record quarterly numbers which came

in at a whopping $10 billion for the

three months until September.

Smartphones that -- sales driving

profitability higher, particularly

Indian demand which has overtaken

America as the second-largest market

for smartphones after China. Samsung

cell phone shipments to India are up

30% from the same last year. But

Chinese rivals are hot on their

heels. Earlier, we explained their

latest success. Escape was launched

in March and Note eight was launched

a few months ago, nobody has even

remembered what the Note 7 was.

Samsung is in a run for highly

confident prizes. They even supply

panels to Apple. They are making

money from all sorts. But you know

what? Samsung Electronics also has

its leadership problems. It seems

not to have an impact on their

bottom line.

The current results is

a combination of years of Samsung's

commitment into components,

especially in memory and storage

chips. As we know, all good runs

come to an end. CEO Kwon's

resignation came at a point where

Samsung could turn a corner. As a

result, CEO will not remain there

forever with same vision.

Apple saw

its shares hit a record high after

positive reviews of the iPhone ten.

Stocks had headed south last week

over concerns regarding production

issues. They rebounded after the

company confirmed pre- orders for

the 10th anniversary phone were off

the charts. The phone is expected to

hit retail stores on November three.

Shares in Nintendo have surged 6%

after they swung back with quarterly

profit. For more, I am joined by my

colleague. What led to this

turnaround?

Two words, the Nintendo

Switch which can be used at home, on

the go and has done well after being

released that there was a shortage

and suppliers had to scramble for

parts. Especially now as we are

getting towards the holiday season

where there is a big bulk of holiday

sales. This led to positive board

guidance. It doubled its full year

operating forecast ending in March.

The stock has tracked this success,

almost doubling in value, adding

about $28 billion to Nintendo's

market value. The popularity of the

switch shows it has a very good

success in the Wii console.

Microsoft is going to release its

latest Xbox console.

Why do we still

have to get into the smartphone

business and compete with other

makers?

They were criticised for

being slow to the smartphone game.

Everyone was playing Angry Birds

then Pokemon Go. They released quite

a few games. But it is too early to

gauge the success of the

smartphone's strategy.

Thank you

very much. Our very own business

report. Now to travel. Those who do

it for work, the administrative

backlog could be a chore. SAP Kerr

take care of travel and they could

see Asia as a popular travel

destination. There is more to

technology than just convenience.

Not only is technology being applied

to companies of employees travel but

it's also a circumstantial have to

be able to provide something.

What

about for major companies who

basically process a lot of

travelling among their executives

and personnel? How much money could

be saved by going digital?

There is

money to be saved in a number of

areas by going digital. Travel

expenses are about 10- 15% of

operating expenses.

Apart from cost

savings, can they actually help

their employees take care of people?

The duty of care is an important

piece. There is a legal obligation

with respect to duty of care.

Can

you give us an example?

Recently,

with our company, an employee had

travelled to Las Vegas on their

points and they went to the concert

where the tragedy occurred. It was a

circumstance within an hour of the

shooting occurring. We contacted her

throughout automated systems and she

said she was in trouble and we got

help and had our head of support --

security talking to her within an

hour had had safely with friends.

That was Nick Everett from Concur.

Singapore's Chiang International

airport launches a new terminal

today. A key feature of this is

automation. Passengers can go from

check-in to boarding without dealing

with any staff and it's a big plus

to the airport but added passengers

find out. Power Asia business

correspondence joins us live. It

looks like a really nice terminal. I

will be visiting this on the weekend

to check it out.

When you do get

here, machines for the most part

will take place at people. To go

from check-in all the way to

boarding. We've been here from you

all more -- we have been here all

morning. It's a bit more empty. A

few glitches here and there. Some of

the technology that is on display.

For the most part, pretty smooth and

seamless and with regards to the

automation, it really is a key

feature for Changi Airport's new

terminal. It's also about beating

regional competition with big

airports being planned in China and

other parts of the region.

They have

fully automated Terminal 4 but I

also notice, they are trying to

update their technology in all the

other three terminals as well.

You

are absolutely right. The officials

at Changi Airport and said to us if

this is successful, this kind of

automation, you should expect it and

other terminals. You are seeing this

trend of digitalisation across the

region. This region is massively

prepared in terms of the boom in air

travel that is expected to come from

Asia, I should say. We are looking

at passenger numbers doubling from

the region in the next 20 years. How

a country is going to prepare for

that kind of growth? Digitalisation

technology, automation, all of that

are major themes in the industry and

Singapore wants to make sure it is

at the cutting edge. This is one

small step towards heading in that

direction.

Indeed, cutting-edge --

cutting-edge technology. Changi

Airport is one of the best airports

in the world. Thank you for updating

us on the opening of Changi Terminal

4. Our very own Asia business

correspondence. Before we go, a

quick look at the markets. Asia in

mid-morning trade -- trade is

currently moving sideways. The All

Ordinaries Index up by just six.

This is after US stocks pulled back.

You also have major earnings

rollouts, a Fed policy meeting and

the all-important October employment

report which will be Lee -- released

later this week. And the Dow Jones

into the NASDAQ fall in negative

territory.