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HH Old Fuddy Duddy
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Software Piracy Still Big in Asia
Industry group estimates $1.19 billion in lost sales of games software.
"Software piracy remains a multibillion dollar industry in Asia, but some signs of improvement are surfacing in the 14 Asian countries being most closely surveyed, according to the International Intellectual Property Alliance (IIPA). Although its figures are not complete, IIPA estimates that 2003 losses from piracy of entertainment software will reach $1.19 billion in China, India, South Korea, and Taiwan. But piracy losses sharply decreased from the previous year in South Korea (down 35 percent) and Taiwan (down 56 percent). The largest software piracy losses occur in China, where entertainment software alone was pirated to the value of $568 million last year, according to IIPA." David Legard, IDG News Service Friday, February 20, 2004 Article here Source: PC World |
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