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tv   Asia Business Report  BBC News  April 4, 2024 12:30am-12:46am BST

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hello and welcome to asia business report. i'm steve lai. we begin in taiwan where rescue efforts are under way a day after a violent earthquake killed at least nine people and injured more than 1,000. on an island that produces more than half of the world's semiconductors, there's also been disruption to the chip—making industry. tsmc says employees are returning to work after the chipmaker evacuated several of its factories in the city of hsinchu and southern taiwan. the company has said there's been no damage to its critical tools. marco mezger is the co—founder of memory chip technology company neumonda and he says this time around taiwan's earthquake preparedness protected its high—tech industries. the first reports of a piercing right now is also that there is no major damage or disruption on the production. we are talking at the moment at six
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hours of disruption, 60 million damage of the statement they have given yesterday. given the fact i've seen these machines are highly sensitive and to be checked carefully in order to make sure that which is produced that are coming out in high quality. so when you think about the share of advanced process notes for the country business, this is more than 65% for the world's production, this is basically on this island. ai servers 100% produced in taiwan. so in this regard taiwan has learned from devastating earthquake in 1999 which was 25 years ago, where there was a power outage for almost a week before they could jump almost a week before they could jump back. this is not happened yesterday. so taiwan was better prepared to cope with the situation.— prepared to cope with the situation. , , h, situation. given there is so
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much chip _ situation. given there is so much chip that _ situation. given there is so much chip that happens i situation. given there is so much chip that happens in | much chip that happens in taiwan in a place has such an outsized rule in the chip—making industry, do you think this will give other companies pause for thought, about diversifying, having chip facilities outside of taiwan, may be more increasingly important?— may be more increasingly important? may be more increasingly imortant? ., ., , important? you have seen in the last few years — important? you have seen in the last few years especially - last few years especially during and after the but that make the geopolitics has been the driving force in regards to restoring or relocating capacities so in my personal opinion i think already many years ago we would not have to think about where we have manufacturing of semiconductors. so is concentrated in taiwan, concentrated in taiwan, concentrated in taiwan, concentrated in japan. concentrated in taiwan, concentrated injapan. they are pretty well known for challenges in re: natural disasters, typhoons, earthquakes. but the driving increase at the moment, why these factories have to move in other regions of the world, to europe, southeast asia and others, it is not a national
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example, it is driven by geopolitics —— national disaster. geopolitics -- national disaster.— well speaking of diversifying semi—conductor production, the world's second largest chip—maker, sk hynix, has announced it will invest nearly $4—billion in a facility in the us state of indiana. the new plant will include an advanced production line to manufacture the next—generation of chips, which will be used to train artificial intelligence models. the uss treasury secretary janet yellen is due to arrive in china on thursday — her second visit to the country in just nine months. yellen is scheduled to meet top chinese officials including premier li qiang, as well as representatives of us companies operating in china. the us treasury department says her discussions with chinese officials will highlight what washington describes as "unfair trade practices". the trip comes after president biden spoke with president xi in a phone call earlier this week. frank lavin is a former us trade negotiator, and he says there are signs of stabilization in relations between the us and china.
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well, i think there's a little bit of instability in the relationship over the last few months. china's economic growth has tapered off a bit and they're grappling with the housing crisis as well. so i think there's a little more willingness on china's side to look for ways to improve the relationship with the us. and i think the us has somewhat the same incentive, that a relationship that is only negative is not that appealing and there needs to be some kind of positive channel amidst all this negativity. yellen seems keen to keep communications going. what will be her main priorities for this visit? i think the trade issues and climate issues will be the two points you'll try to make. but i but i think the broader point is, just as you described it, that we cannot have a relationship that is entirely characterised by ill will and criticism. that has to be some positive channel going. google, the search engine used by more than a billion people around
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the world, is reported to be considering charging for premium content generated by artificial intelligence. according to the financial times, the company, is said to be revamping its business model and looking at putting some of its core product behind a paywall. it would be the first time google had charged for any of its content. google said it did not have anything to announce "right now". staying with artificial intelligence. billie eilish, pearljam and nicki minaj are among more than 200 artists who ve signed an open letter to tech companies and ai developers calling for an end to predatory use of artificial intelligence in the industry. 0ur north america business correspondent — michelle fleury has more from new york. to billie eilish, ai is the new bad guy, for katy perry it is time for rice. a growing number of musicians wearing companies are training ai models to replace human artists. more than 200 ofjoined with the artists rights alliance, a nonprofit to demand protection against ai. in an open letter
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they acknowledge the creative potential of a ipa called on tech companies and developers to stop using it to infringe on and devalued the right of human artists. —— potential of ai. a year ago it is specific cooperation between trick and the weekend went viral, actually eight ai song made someone called ghost writer. last month tennessee became the first state to pass a law to protect artists from using ai protect artists from using al to copy an artist's was with my permission. country music star luke bryan was at the signing of the bill. luke bryan was at the signing of the bill-— of the bill. stuff comes in on my voice _ of the bill. stuff comes in on my voice on _ of the bill. stuff comes in on my voice on my _ of the bill. stuff comes in on my voice on my phone - of the bill. stuff comes in on my voice on my phone and i | my voice on my phone and i can't tell it's not me. securing protections from al was a priority for striking actors last year. now it is musicians who are raising their voices. i musicians who are raising their voices. ~' , . ., , voices. i think the musicians who have — voices. i think the musicians who have been _ voices. i think the musicians who have been most - voices. i think the musicians| who have been most affected voices. i think the musicians - who have been most affected by ai who have been most affected by n are _ who have been most affected by ai are working class musicians even _ ai are working class musicians even technical roles like mixing _ even technical roles like mixing and productions can be
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replaced — mixing and productions can be replaced by computers if they were — replaced by computers if they were so — replaced by computers if they were so trained. so is good these — were so trained. so is good these superstars have lent their— these superstars have lent their voices because it will affect_ their voices because it will affect those who do not have that — affect those who do not have that power. affect those who do not have that power-— affect those who do not have that power. affect those who do not have that ower. ., , , that power. those who signed up to the letter— that power. those who signed up to the letter or _ that power. those who signed up to the letter or span _ that power. those who signed up to the letter or span musical - to the letter or span musical genres and errors. from katy perry to nikki menage and stevie wonder. as well as the estate of frank sinatra barbara only. —— bob marley. out with poker machines, in with live music and pizza. revenue at the petersham bowling club in sydney has increased by 900 percent since it ditched the controversial gaming machines. petersham's success is inspiring other lawn bowling clubs and pubs to follow suit. from sydney, phil mercer reports. rocking into par for rocking into parfor it. this room at the bowling club in petersham was full of slot machines, taking out 2007 now it is bands and pieces that are paying out. it it is bands and pieces that are paying out-— paying out. it is dynamic, it's exciting. _ paying out. it is dynamic, it's exciting, it's _ paying out. it is dynamic, it's exciting, it's a _ paying out. it is dynamic, it's exciting, it's a bold _ paying out. it is dynamic, it's exciting, it's a bold club - paying out. it is dynamic, it's exciting, it's a bold club that| exciting, it's a bold club that is what gives you, you have to
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be on your winds and coming up with new things and is really exciting to be part of that because there are a lot of strategies involved in turning a club around, weaning off the poker machines, engaging with our community.— our community. that course is caettin our community. that course is getting louder. _ our community. that course is getting louder. the _ our community. that course is getting louder. the bowling i getting louder. the bowling club had relied on gambling for “p club had relied on gambling for up to 70% of its earnings. now other venues want to follow its lead. it other venues want to follow its lead. ., , , other venues want to follow its lead. . , , ., ., lead. it has been a tough journey _ lead. it has been a tough journey for _ lead. it has been a tough journey for a _ lead. it has been a tough journey for a lot - lead. it has been a tough journey for a lot of - lead. it has been a tough journey for a lot of pubsl lead. it has been a tough - journey for a lot of pubs that have — journey for a lot of pubs that have chosen to do this, but the ones _ have chosen to do this, but the ones that— have chosen to do this, but the ones that i_ have chosen to do this, but the ones that i have been to her absolutely thriving. they are fun to — absolutely thriving. they are fun to he _ absolutely thriving. they are fun to be in, they have a great community— fun to be in, they have a great community atmosphere. 0ur fanriiies— community atmosphere. 0ur families are there, you go there _ families are there, you go there for— families are there, you go there for a drink, a meal, not to gamble _ there for a drink, a meal, not to gamble. we know that there are more — to gamble. we know that there are more pubs and clubs considering doing this, but we are certainly a long way off having _ are certainly a long way off having the majority of pubs and clubs _ having the majority of pubs and clubs in — having the majority of pubs and clubs in the state doing so. australians love to gamble, from the stark market to horse racing and beyond, the gaming industries association says
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that gambling in general is a legitimate recreational activity. enjoyed by millions of australians safely. the industry body adds that laws and standards and to reduce the harm from poker machines. but for some, the damage can be long—lasting. i long-lasting. i was absolutely mentally hijacked _ long-lasting. i was absolutely mentally hijacked for - long-lasting. i was absolutely mentally hijacked for the - long-lasting. i was absolutelyj mentally hijacked for the next 15 years of my life.— mentally hijacked for the next 15 years of my life. kate was a teenager _ 15 years of my life. kate was a teenager when _ 15 years of my life. kate was a teenager when she _ 15 years of my life. kate was a teenager when she became i 15 years of my life. kate was a - teenager when she became hooked on the pokies. i teenager when she became hooked on the pokies-_ on the pokies. i had absolutely no idea that — on the pokies. i had absolutely no idea that they _ on the pokies. i had absolutely no idea that they were - on the pokies. i had absolutely no idea that they were a - no idea that they were a harmful product and put some money in, and unfortunately like so many other australians, quickly became addicted. we are dealing with a public health crisis in this country. for the petersham _ crisis in this country. for the petersham bowling - crisis in this country. for the petersham bowling club - crisis in this country. for the petersham bowling club and | petersham bowling club and others, there can be financial stability after the gambling machines have gone. the suburban club is now dancing to
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a very different tune. disney shares ended the session down about 3%. that's after the entertainment giant won a boardroom battle against critics who had accused it of botching its streaming strategy and losing its creative spark. activist investors, including nelson peltz of trian management, had sought seats on the company's board of directors, which they said was too close to disney's leadership. a majority of shareholders voted to maintain the compa ny�*s current board. and that's it for this edition of asia business report. thanks for watching.
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hey, i'm zoph with the catch up. tonight — the earthquake in taiwan, lizzo is here to stay, and a cute baby antelope. we start with gaza, where families are paying tribute to the three british victims of an israeli air strike. john chapman, james henderson and james kirby were among the seven world central kitchen workers killed
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in monday's strike. israel said it was "unintended" and promised to investigate. kirby's family described him today as a hero. people were telling him this could be very dangerous for you, but he knew the dangers. he was selfless in that regard and he just wanted to help people. next to taiwan, where rescuers are trying to reach dozens of people trapped after a 7.4 magnitude earthquake — its most powerful in 25 years. at least nine people have been killed and hundreds more injured. some other stories now. an advert posted by katie price on instagram, which promoted a low calorie diet for the skinny food co, has been banned. she posted the video in august where she showed her meals, adding up to only 755 calories a day. and you may remember last week,
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lizzo said, "i quit." as she was fed up with being targeted for her looks and character online. but good news for her fans today, she's confirmed she isn't quitting the music industry. she's just quitting giving any attention to negative energy. time now for 10 seconds of the cutest tiny antelope called twiglet, arriving at a zoo in worcestershire as part of an international breeding effort to protect the species. she's absolutely tiny, measuring in at ten inches tall, just adorable. you're all caught up now. see you later. hello and welcome to sportsday with me tulsen tollett. arsenal move back to the top of the premier league table with victory over struggling luton. phil foden makes it a hat—trick as manchester city continue to apply pressure on title rivals arsenal and liverpool.
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and we hear from the women in football — balancing being a mother — and playing in the wsl. it's tough, you know, you miss parents evening. you miss shows that she's doing and that's when you start to question, what are you doing? hello and thanks forjoing us where we start wuith the news that arsenal have moved back to the top of the premier league, above liverpool, after a 2—0 win at home to relegation threatened luton town. gunners captain martin 0degaard opened the scoring in the 24th minute and an own goal from the visitors just before half time was enough to earn the hosts all three points. we started the game well.
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i think the first start we have unreal moments

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