An Academia Sinica study of the gaming platform Steam found that video games translated into the local language saw up to a 12.1 percent increase in sales revenue in the local market, marking the first study to provide concrete data on how translation benefits international trade.
Translating products reduces cultural barriers and makes them more accessible to local consumers, but industries have long struggled to quantify the benefits of translation to international trade.
A team led by Academia Sinica Institute of Economic researcher Yang Tsung-han (楊宗翰) and Japanese researcher Yuta Watabe analyzed sales of more than 10,000 games in 2018 to more than 70 countries on Steam, which accounts for 70 percent of global game releases.
Photo: CNA
They found that games translated into local languages generated at least 10 percent higher sales revenue in those markets, showing the benefits of product localization.
Yang said that his team chose not to use books as their subject, as different versions of books in different languages compete with each other on bookstore platforms.
Video games, on the other hand, only have one version and players can freely choose different languages in the game settings, Yang said.
In addition, video game sales have surpassed film, music and sports, and they can be instantly purchased across borders online, he said.
Game translations and subtitles also directly affect player experience, making the game easier to learn and understand, he added.
Yang said that games with more language options are typically released by bigger companies, as translating a game into multiple languages requires greater financial investment.
How much financial firepower a company has naturally determines its ability to use translation to bridge cultural and linguistic divides, he said.
However, the data were collected before ChatGPT and other artificial intelligent (AI) translation tools rose to prominence, Yang said.
The team’s model suggests that AI tools such as real-time subtitle translation, although not yet fully accurate, are further breaking down language and cultural barriers in global trade, Yang said.
This trend extends beyond cultural products to general consumer goods, with platforms such as Amazon seeing sales growth tied to automatic translation, he said.
The team now plans to study the economic impact of AI-driven localization before and after these tools became widespread, he added.
The study was published in the European Economic Review.
LOW RISK: Most nations do not extradite people accused of political crimes, and the UN says extradition can only happen if the act is a crime in both countries, an official said China yesterday issued wanted notices for two Taiwanese influencers, accusing them of committing “separatist acts” by criticizing Beijing, amid broadening concerns over China’s state-directed transnational repression. The Quanzhou Public Security Bureau in a notice posted online said police are offering a reward of up to 25,000 yuan (US$3,523) for information that could contribute to the investigation or apprehension of pro-Taiwanese independence YouTuber Wen Tzu-yu (溫子渝),who is known as Pa Chiung (八炯) online, and rapper Chen Po-yuan (陳柏源). Wen and Chen are suspected of spreading content that supported secession from China, slandered Chinese policies that benefit Taiwanese and discrimination against Chinese spouses of
Nearly 5 million people have signed up to receive the government’s NT$10,000 (US$322) universal cash handout since registration opened on Wednesday last week, with deposits expected to begin tomorrow, the Ministry of Finance said yesterday. After a staggered sign-up last week — based on the final digit of the applicant’s national ID or Alien Resident Certificate number — online registration is open to all eligible Taiwanese nationals, foreign permanent residents and spouses of Taiwanese nationals. Banks are expected to start issuing deposits from 6pm today, the ministry said. Those who completed registration by yesterday are expected to receive their NT$10,000 tomorrow, National Treasury
PROMOTION: Travelers who want a free stopover must book their flights with designated travel agents, such as Lion Travel, Holiday Tours, Cola Tour and Life Tours Air Canada yesterday said it is offering Taiwanese travelers who are headed to North America free stopovers if they transit though airports in Japan and South Korea. The promotion was launched in response to a potential rise in demand for flights to North America in June and July next year, when the US, Canada and Mexico are scheduled to jointly host the FIFA World Cup, Air Canada said. Air Canada offers services to 13 of the 16 host cities of the tournament’s soccer games, including Toronto and Vancouver; Mexico City, Guadalajara and Monterrey in Mexico; Atlanta, Georgia; Boston; Dallas; Houston;
The US approved the possible sale to Taiwan of fighter jet spare and repair parts for US$330 million, the Pentagon said late yesterday, marking the first such potential transaction since US President Donald Trump took office in January. "The proposed sale will improve the recipient's capability to meet current and future threats by maintaining the operational readiness of the recipient's fleet of F-16, C-130," and other aircraft, the Pentagon said in a statement. Trump previously said that Chinese President Xi Jinping (習近平) has told him he would not invade Taiwan while the Republican leader is in office. The announcement of the possible arms