they discuss a plan for foxconn in jakarta.he plan to invest in indonesia has been doing the rounds in wendy 12, but the minister said fox, is delayed due to an issue with a local partner and a tax incentive issue. they have expressed jakarta posterior is this in providing infrastructure support for foxconn. close going to keep a watch here. that is the latest. back to you in hong kong. >> thanks. whether or not your business is working out, fitness is a fast evolving industry. we will take a look at one player muscling his way in. in 2002a single studio to more than 20 facilities in 2014, they are flexing the expansion muscles. they are setting out to beat the franchise champs. here first expanded outside of hong kong in 2005 with the studio in singapore. next came taiwan. the new york. last quarter they expanded. >> i would like to see is in shanghai. once we cracked the code and are confident we can then start moving on to another city. >> within three years the next city could be the birth ways of yoga. you're probably near

he is good friends with the ceo of foxconn.kerry visited his partner companies in california, he stopped by for a visit and we realize that we have a shared vision of the future. the rest is history. it is a fantastic opportunity for go pro to partner with foxconn, and terry himself. know that they have indeed file to go public. confidentially i want to bring in jon erlichman. it is interesting with a question like go pro. they have become so successful in the camera business. we're today go from here? >> you hear a lot in los angeles about go pro trying to be more of a media company. nick has said that. on the road to the ipo, you will hear a lot of that. investors are curious about that next page or chapter. the reason they can point to that is obviously they are a big hit on youtube. people like their videos. they are packaging these videos for others. there is next chapter that they are still figuring out. will there be go pro-branded content? are kind of twitter like the new cable company. you find all of the different vid

have been exposed to a poisonous chemical used to clean i phone screens and just last year three foxconnemployees committed suicide which explains the anti suicide met surrounding their factories but it's also worth noting that just last year yahoo finance estimated bob dylan's not worth to be near one hundred eighty million dollars and i can't hope but wonder what protest song in one nine hundred sixty s. version of dylan would write about the seventy two year old version of himself look the line between art and commercialism becomes more blurred every day and perhaps it was the great bill hicks who said it best he said you do a commercial you're off the artistic roll car for ever your corporate f. ing shilly or another whore of the capital gang bang and if you do a commercial there's a price on your head every thing you say is suspect harsh words but he's right being famous carries the weight of great influence and responsibility so i guess the real question is whether or not and dorfman deals worth the cost of becoming just another celebrity sellout. for the first time since nine hund

it was a fantastic opportunity to not just part of foxconn -- harder with foxconn, but also a for jerryity well -- terry as well. have becomethey so successful, and they're planning to go public, where do they go? be moreo is trying to of a media company, and i think on this road to the ipo, you're going to hear a lot of that. investors are always curious about what that next page or next chapter is going to be. the reason that they can point to that is they are a big hit on youtube, people like this video. they are already packaging this video for others like virgin on certain flights. i think there is this next chapter that we're still figuring out. it is the go pro branded content. newbook and twitter are the cable companies were you find all this different video, and these people might be like the new cable network. >> interesting stuff. we will continue to follow this road to the ipo when it comes to pro.ipo for go the world's largest toy company is going to hollywood. the lego movie. ♪ >> welcome back to bloomberg west. picked by brick about lego has finally built a feature film,

is a big tail wind for a lot of companies and for the economy and companies are thinking like fox foxconn about investing. >> means manufacturing could even come back. >> absolutely. i think the manufacturing that comes back woat be as labor -- won't be as labor intensive as the manufacturing that went away. the jobs market which i think is much more tepid than the economy, profits will probably do very well. job rates are growing at a modest clip. >> one of the strongest economies they've been involved in and there are many who still feel we're in a recession, long term unemployed. we focus a lot on the middle class here. how do we taper -- that's a wrong word. how do we adjust or mold this recovery in a way that distributes it more evenly? >> that is the big challenge. i think a lot of people are concerned about two things. one, a lot of people have not participated actively in the labor force. they're looking for jobs that can't find them. to the extent they get jobs they're very modest paying jobs. up ward mobility has been deteriorating for a lot of people. lower and middle income pe

foxconn notably had some bad press following allegations of harsh working conditions in asia. the compact camera company faces competition from google and samsung. still to come: as big money flows into one homebuilder stock...trader is constructing a profit plan. will the weather forecast continue to hurt hiring? and how gadgets that" do it all" are having an unexpected ripple effect on the economy. that's next! real issues they're dealing with can be awkward and uncomfortable. but when their behavior changes, it's time to act. because if we don't, our families and relationships will suffer. listen to the veterans in your life and show you care. it matters. when you recognize a veteran is in crisis, call the veterans crisis line at 1-800-273-8255 and press "1". smartphones and tablets are overacheivers. the ability to play music, route a road trip, email and text is causing huge price drops in other electronics. ky sisson reports. you may consider them fundamental commodities you use everyday your computer, your dvd player, or gps devices. but as ky sisson reports, sales of t

foxconn plans to invest $1 billion in indonesia over the next three to five years.upplier released a statement saying it will work with national authorities and local government to come up with a firm plan over the next few months. those are the top corporate stories we are tracking. the singapore air show gets underway today. asia-pacific carriers are enjoying the second strongest overall growth in the world. let's have a look by the numbers at the industry and how it performed last year. ♪ >> earlier we spoke to the turkish airlines. company isn'the expanding in asia as quickly as in some other parts of the world. some countries are hesitating. china, india. we are very busy. we are expanding to africa. >> and in the next hour we will be seeking with the airline industry's body. we will be talking to the director general. tune in for that, coming up in about half an hour. we will be joined by the chief executive of the buddha -- garuda in indonesia. one question we will be putting to him is. to purchaseready new aircraft. what do we know? >> last time we talk to t

take foxconn for example. it is known for the volume of iphones it pumps out. also known for the state of suicides and those awful nets to try to prevent people from killing themselves jumping out of the factories. last year they have labor shortages, high tone over. workers require their to work more than 60 hours. things are getting a little bit better but you can see that the sheer demand for apple products has really put rusher on the supply chain to deliver. we have read about how they have these labor supply chains reaching out to villages. it all happens quickly. the pressure has to be a mess. they're going to africa as well to look at the run materials. >> that is perhaps the more interesting part, when you look at the commodities that going to the phones. they are trying to exclude conflict minerals that going to their electronics. they say they have been able to do that with places like congo, they are not taking minerals from there for their phones. then there are less obvious forms of labor exploitation. they found 12,000 students on their books in

time spinning off pcs which isn't that different from what we're seeing blackberry doing with the foxconn phone risk to foxconn, he's trying to isolate some of the troubled businesses here either by spinning them off or giving them a little bit more focus within a separate unit and then invest in areas where he thinks sony can grow. he's got the currency issues with the yen which aren't benefiting them as much anymore so it's tough. >> importantly he says that his job is to turn round the consumer electronics business. >> yes. >> that's the video games which arguably have done quite well recently. it's the mobile phone operation. he still from dan loeb's point of view lumping it with entertain at the core of the business and that's surely the controversy. is he being aggressive enough? >> it's interesting what he's choosing to spin off here which is some of the more commodity declining businesses instead of spinning off the entertainment businesses. we all see how popular content is right now. part of the conversation on the sony call was how can we position the services businesses, the c