Counterfeit Components Continue to Slam Electronics Industry
The problem of counterfeiting keeps getting worse. In 2013, the US Customs and Border Protection reported more than 24,300 counterfeit shipment seizures, representing more than $1.7 billion in goods. Over the last five years, counterfeit seizures have increased nearly 50%.
Power management company Eaton has launched a program to raise awareness of ways industry professionals can protect themselves against counterfeit electrical products. The “I Didn’t Know” educational campaign includes a website devoted to helping buyers identify and report counterfeit parts. The campaign intends to reach professionals in the electrical and electronics industry and is part of the company’s ongoing effort to combat counterfeit components worldwide.
Related Posts
US govt seizes over 10M phony N95 masks in COVID-19 probe.
Federal agents have seized more than 10 million fake 3M brand N95 masks in recent...
Tobacco smuggling burns hole in the revenue’s tax take
An increase in smuggling and the ban on displaying tobacco products in shops has...
Smuggling of various goods causes over Rs 22 billion loss to kitty
Pakistan's markets are full of smuggled goods ranging from cosmetic to...
P50-M worth of smuggled toys, candies seized
The Bureau of Customs (BOC) confiscated around P50 million worth of smuggled...

