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Source: Earth Times
Date published: 09 Jun 2007
Reporter: DPA
Editor: DPA

Taipei - Popular video sharing website YouTube plans to launch a Chinese-language version in the near future for the convenience of Chinese internet users, YouTube co-founder Steve Chen said on Saturday. Chen made the announcement while attending a forum on internet in Taipei.

Currently YouTube has only the English version, but half of YouTube viewers are from countries other than the United States, so there could be an English version in future, he said.

Chen also said YouTube would be available to more people around the world in future, like allowing bus and subway riders to access videos of 30-60 seconds each, while people on longer journeys watching files of up to 10 minutes.

Chen, 29, was born in Taiwan in 1978 and emigrated with his family to the US at the age of eight. He spoke English at the forum since his Chinese is no longer fluent.

Chen and Hurley hit upon the idea of creating YouTube after they made a video clip at a friend's party but could not find a proper website to release it, so they decided to launch their own website.

In 2005, he founded YouTube together with Chad Hurley and Jawed Karim. He is now the Chief Technology Officer in YouTube.

In October 2006, Chen and Hurley sold YouTube to Google, Inc. for 1.65 billion US dollars. Chen received 625,366 Google shares which are worth 326 million US dollars, becoming a millionaire overnight.

In June 2006, Chen was named by Business 2.0 as one of "The 50 people who matter now" in business. Last month, Chen was named as one of TIME magazine's 100 most influential people for 2007.

YouTube to launch Chinese-language version
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