Counterfeit phones and equipment caused losses of about $1.1 Billion to mobile phone maker Samsung in 2006.
Tag: South Korea Economy
Data and market figures of the black market in South Korea. Tracking the counterfeit goods trade, illegal drugs and other criminal markets. Statistics of criminal behavior in the country and across Asia.
South Korea's Film Industry Losses to Piracy in 2007
Movie piracy in South Korea caused $1 Billion in losses to the Korean film industry.
Counterfeit Purse Manufacturing in South Korea
At least 1 million counterfeit purses and wallets are estimated to be manufactured in South Korea annually.
South Korea Makes the Best Counterfeit Handbags
Reuters reported that “market vendors throughout Asia seem to agree that the best fake handbags are manufactured in South Korea.”
South Korea Makes the Best Counterfeit Handbags
Reuters reported that “market vendors throughout Asia seem to agree that the best fake handbags are manufactured in South Korea.”
Hyundai Losses to Fake Parts From China
Around $200 million is lost in sales of auto parts to South Korean auto manufacturer Hyundai due to counterfeit parts made in China.
Counterfeit Goods losses in South Korea
Counterfeit products made in China cost South Korean firms $14.2 billion, equivalent to 5 percent of total exports, according to the Korea International Trade Association.