The recording industry is suffering as consumers continue to download free or low-cost music over the Internet, despite the legitimacy of peer-to-peer (P2P) file sharing services being in doubt, recording industry officials said yesterday.
Two Taiwanese P2P operators, Ezpeer.com.tw and kuro.com.tw (
"I'm sorry to see that consumers still choose P2P to get music instead using legal avenues," said Robin Lee (
Last August IFPI's Taiwan office filed criminal charges against the two P2P operators, alleging copyright infringements.
According to IFPI statistics, sales in the country of legitimate recorded music fell from NT$5.92 billion in 2001 to NT$4.98 billion in 2002, and fell again to NT$4.47 billion last year.
Kuro, the nation's largest P2P file-sharing site, charges a monthly fee of NT$99 from its members for unlimited file swapping, and provides a one-month free trial for new members. Ezpeer has a similar fee structure.
Kuro spokesman Eric Yang (楊智謀) said yesterday the company has more than 500,000 subscribers.
Defending Kuro's legitimacy, Yang said a court in Canada ruled last month that uploading music files into the shared folders of P2P networks such as Kazaa is legal.
He cited a report last month from the Washington Post that cited a study conducted by Felix Oberholzer-Gee from Harvard Business School and Koleman Strumpf from the University of North Carolina that said Internet music piracy has no negative effect on sales of legitimate music.
Steven Yang (
"Consumers' who support swapping will eat their own bitter fruit when they find one day there are few quality music works available on the market," Yang said.
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
Nvidia Corp’s GB300 platform is expected to account for 70 to 80 percent of global artificial intelligence (AI) server rack shipments this year, while adoption of its next-generation Vera Rubin 200 platform is to gradually gain momentum after the third quarter of the year, TrendForce Corp (集邦科技) said. Servers based on Nvidia’s GB300 chips entered mass production last quarter and they are expected to become the mainstay models for Taiwanese server manufacturers this year, Trendforce analyst Frank Kung (龔明德) said in an interview. This year is expected to be a breakout year for AI servers based on a variety of chips, as
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with the High Prosecutors Office, underscoring its commitment to active anti-fraud initiatives, financial inclusion, and the “Treating Customers Fairly” principle. Through this deep public-private collaboration, both parties aim to co-create a secure financial ecosystem via early warning detection and precise fraud prevention technologies. At the signing ceremony, HSBC Taiwan CEO and head of banking Adam Chen (陳志堅)