Netflix Inc will expand into Germany, France and four other European countries later this year as the Internet video service tries to build an international following that might eventually surpass its US audience.
The additional markets announced yesterday will extend Netflix’s reach into nearly 50 countries, including 13 in Europe.
Besides Germany and France, the latest countries on Netflix’s list are Switzerland, Austria, Belgium and Luxembourg.
The Los Gatos, California, company entered Europe in 2012 when its Internet video service debuted in the UK and Ireland.
Earlier this year, Netflix disclosed plans to sell its service in more European countries without identifying where they would be.
The company still is not saying which month its service will be available in the new markets or how much it will cost.
Netflix recently raised its Internet streaming prices for new customers by about US$1 per month around the world.
With the increase, Netflix charges US$9 per month for unlimited video streaming in the US. The company froze rates at US$8 per month for two years for subscribers before the May 9 increase.
Netflix ended March with 35.7 million US subscribers and an additional 12.7 million customers in the rest of the world.
The company has set a long-term goal of 60 million to 90 million US subscribers and more than 100 million internationally.
The overseas push has been costly so far for Netflix, which has amassed international losses exceeding US$800 million since it ventured outside the US for the first time in 2010.
The company’s US operations, including a steadily shrinking DVD-by-mail service, have continued to churn out profits that so far have more than offset the international losses.
Last year, for instance, Netflix earned US$112 million despite sustaining US$274 million in international losses.
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
INDUSTRY LEADER: TSMC aims to continue outperforming the industry’s growth and makes 2025 another strong growth year, chairman and CEO C.C. Wei says Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp and Apple Inc, yesterday said it aims to grow revenue by about 25 percent this year, driven by robust demand for artificial intelligence (AI) chips. That means TSMC would continue to outpace the foundry industry’s 10 percent annual growth this year based on the chipmaker’s estimate. The chipmaker expects revenue from AI-related chips to double this year, extending a three-fold increase last year. The growth would quicken over the next five years at a compound annual growth rate of 45 percent, fueled by strong demand for the high-performance computing
TARIFF TRADE-OFF: Machinery exports to China dropped after Beijing ended its tariff reductions in June, while potential new tariffs fueled ‘front-loaded’ orders to the US The nation’s machinery exports to the US amounted to US$7.19 billion last year, surpassing the US$6.86 billion to China to become the largest export destination for the local machinery industry, the Taiwan Association of Machinery Industry (TAMI, 台灣機械公會) said in a report on Jan. 10. It came as some manufacturers brought forward or “front-loaded” US-bound shipments as required by customers ahead of potential tariffs imposed by the new US administration, the association said. During his campaign, US president-elect Donald Trump threatened tariffs of as high as 60 percent on Chinese goods and 10 percent to 20 percent on imports from other countries.
RSS