TiVo fans can expect a cheaper price tag for the digital video recording service in the next few months, when a second model with lower storage is made available.
The service's exclusive local distributor, TGC Taiwan Inc (替您錄科技), is set to release a second model of its set-top box, with half the amount of storage of the current model, or 80GB, so consumers can expect lower prices, Travis Lin (林新建), the firm's general manager, told a press briefing yesterday.
Currently, TiVo is only available in a 160GB format here, which can record up to 180 hours of programs on low-resolution mode.
The box retails for NT$12,900 (US$396.40). There is no subscription fee for the first year, and a subscription fee of NT$1,500 per year starts in the second year.
TGC's launch of the second model comes in response to feedback from consumers, as some said they did not need a large amount of storage to record videos, while others hoped to acquire the set-top box at a lower price, according to Lin.
"Offering customers a second option will help us enlarge the subscription base," he said.
TiVo is a set-top box that can record TV programs digitally onto a hard disk. Viewers can then skip commercials and pause, rewind or fast-forward programs. Other services include a TV program guide, reviews of the latest TV shows or automatic recording for an entire season of a series.
Launched in the US in 1999, TiVo has more than 4.5 million subscribers, translating into a 40 percent share of the digital video recording market there, according to Lin.
The service debuted here last December and Taiwan is the first Asian country the firm has expanded into, thanks to the nation's mature broadband environment and high cable TV penetration rate.
Lin said that initial plans to expand the service into Singapore and Hong Kong this year were on hold, as the company aimed to "focus on Taiwan's market now."
But he said that TiVo would make its first appearance in certain cities in China in the second half of this year.
Lin was tight-lipped on the subscription base in Taiwan, saying only that the "response was positive."
However, a shop manager at a Tatung Co (
Tatung, along with Synnex Technology International Corp (
"There is a lot of explaining to do for general customers regarding what TiVo is all about. But the machine is popular among those who have lived in the US before and who know its special features," said the manager, who refused to be named.
The store had sold only two TiVo units in the past six months, he said.
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
With an approval rating of just two percent, Peruvian President Dina Boluarte might be the world’s most unpopular leader, according to pollsters. Protests greeted her rise to power 29 months ago, and have marked her entire term — joined by assorted scandals, investigations, controversies and a surge in gang violence. The 63-year-old is the target of a dozen probes, including for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed “Rolexgate.” She is also under the microscope for a two-week undeclared absence for nose surgery — which she insists was medical, not cosmetic — and is
GROWING CONCERN: Some senior Trump administration officials opposed the UAE expansion over fears that another TSMC project could jeopardize its US investment Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is evaluating building an advanced production facility in the United Arab Emirates (UAE) and has discussed the possibility with officials in US President Donald Trump’s administration, people familiar with the matter said, in a potentially major bet on the Middle East that would only come to fruition with Washington’s approval. The company has had multiple meetings in the past few months with US Special Envoy to the Middle East Steve Witkoff and officials from MGX, an influential investment vehicle overseen by the UAE president’s brother, the people said. The conversations are a continuation of talks that
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce