Faked in China: learning from Apple’s misery
The electronics counterfeit industry is savvier than ever. Counterfeiters constantly find ever more novel ways to smuggle their illegal goods into the market. OEMs are aware of the danger of increasingly sophisticated counterfeits and the general numbers prove them right: The Rogers Review, estimated in the 2010 IP Crime Group Report that criminal gain from IP crime alone in the UK was £1.3 billion in 2006 with £900 million of that figure considered to be flowing into organised crime. And many parts of industry estimate that the figure is now even higher than this. Some industry experts go so far to suggest that counterfeit goods now represent around 10% of the entire electronics market.
Read the full article on page 4 of our August digital edition.
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