It is quite well known that software piracy is one of the biggest problem faced by american companies in China. It is estimated that 96% of the software in China is pirated resulting in huge losses to american companies.
Humm....How much is really the loss?
From an articke in pcworld magzine, the software piracy in china cost united states roughly 1.19 billion dollars a year. Wow thats a huge number. It is alarming and everybody knows about it. We need to do something about it!!!
According to an article in Red Herring (July 31st issue), some 21% of all softwares in united states are unlicensed (a.k.a pirated, although unlicensed sounds better); and caused in $$ 6.6 Billion dollars losses in 2005, according to trade group Business Software Alliance. That is roughly 5 times 1.19.
Did you know..?
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