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Netflix confirms new wave of Asian launches
Netflix has confirmed upcoming launches in South Korea, Singapore, Hong Kong and Taiwan.
The US-listed streaming service will hit the Asian territories in early 2016 as part of its wider global roll out.
The four new Netflix service will follow the roll out in Japan, the first in the region and which launched earlier this month.
News of the South Korea launch leaked over the weekend, with the streaming service reportedly looking to partner with local telcos, and Netflix confirmed it yesterday.
The company said that it will launch in the new territories on smart TVs and connected devices, but did not specify any partnerships. It has also not released pricing information and there was no mention of a China launch, which has also been widely rumoured.
“The combination of increasing Internet speeds and ubiquity of connected devices provides consumers with the anytime, anywhere ability to enjoy their favorite TV shows and movies on the Netflix service,” said Reed Hastings, Netflix CEO. “These four markets well represent those trends.”
In January, Netflix said it plans to complete its global expansion within two years.