Counterfeit Goods Market Value in India

According to the International Chamber of Commerce and the Federation of Indian Chambers of Commerce and Industry, the sales of counterfeits and smuggling of fake goods into India caused sales losses of $11.9 Billion in 2012. This amount represented 21.7 percent of sales losses to companies. Some of the consumer sectors that are impacted by… Continue reading Counterfeit Goods Market Value in India

Fake and Counterfeit Mobile Phones Sold Around the World

A report by the Mobile Manufacturers Forum reported that 125 million substandard and counterfeit mobile phones were sold around the world in 2011. In 2012, the number of counterfeit phones sold increased to 148 million units. The estimated amount for 2013 was projected to be 1.86 million units. Thus, up to 8 percent of all… Continue reading Fake and Counterfeit Mobile Phones Sold Around the World

Enforcement Actions Against Counterfeits in Saudi Arabia

Customs Officials in Saudi Arabia reported that is seized around 40 million counterfeit goods within Saudi Arabia in 2013. In addition to the number of fake goods seized, security services also stopped and prevented over 124 million counterfeits from entering the country in 2013. One of the main fake and substandard product that was seized… Continue reading Enforcement Actions Against Counterfeits in Saudi Arabia

Counterfeits Goods in the Philippines in 2013

Security officers with the National Bureau of Investigation (NBI) and the Bureau of Customs (BOC) in the Philippines seized counterfeit goods worth a total of $174 Million (7.76 Billion Philippine Pesos) in 2013. The value of the fake goods seized in 2013 was higher than the $118 Million (5.27 Billion Pesos) seized in 2012. Among… Continue reading Counterfeits Goods in the Philippines in 2013

Price of Fake Beats Headphones From China

Beats by Dr. Dre as high-end headphones that make up almost 70 percent of the market. On its website, the top line Beats headphones retail for $400. In China, counterfeit manufacturers offer the headphones for a wholesale price of $70. In an interview with CNN, a woman who runs a manufacturing plant that produces fake… Continue reading Price of Fake Beats Headphones From China

Anti-Counterfeiting Investigations Conducted by HP

Between 2008 and 2012, information technology company Hewlett Packard conducted over 4,600 anti-counterfeiting investigations across 88 countries. The investigations resulted in over 36 million counterfeit cartridges and components. 25 million of the counterfeit parts were seized in the Asia Pacific region. Source:  Amanullah Khan, “HP detects 36480 fraudulent products in Pakistan,” Pakistan Observer, August 13,… Continue reading Anti-Counterfeiting Investigations Conducted by HP

Counterfeiting Cases Investigated by China in First 7 Months of 2013

In the first 7 months of 2013, police in China conducted over 19,000 anti-counterfeiting cases throughout the country. The Ministry of Public Security reported that the counterfeit products seized and destroyed by the Chinese security service included: Over 5,000 tonnes of counterfeit food and beverages. Two billion counterfeit drugs and tablets. Over 3,100 tonnes of… Continue reading Counterfeiting Cases Investigated by China in First 7 Months of 2013

Tax Losses to Counterfeits and Smuggling for Seven Industries in India

The smuggling and sales of counterfeit goods in 7 major industries in India leads to a tax loss of $4.5 Billion (261 Billion Indian Rupees) to the government, according to a study by Ficci Cascade (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy). The seven industries that were covered in the study included counterfeit auto… Continue reading Tax Losses to Counterfeits and Smuggling for Seven Industries in India

Losses to the Imaging Supplies Industry from Counterfeits

According to the Imaging Supplies Coalition, manufactures and businesses involved in copiers and other imaging materials lose over $3 Billion a year around the world to counterfeit equipment. In raids conducted in 2013, Xerox reported seizing over 55,000 boxes of counterfeit Xerox parts in China and Dubai. Source:  “Xerox combats counterfeit supplies and parts; offers… Continue reading Losses to the Imaging Supplies Industry from Counterfeits

Price of Fake Beats Headphones

In 2012, Border officials in the United Kingdom seized $23.8 Million (£15.7 Million) worth of counterfeit electrical products in the country. The amount seized in 2012 was 6 times higher than the $3.9 Million (£2.6 Million) seized in 2009. One of the most seized goods in 2012 was counterfeit designer headphones, such as Beats by… Continue reading Price of Fake Beats Headphones