WebJul 22, 2013 · Recent reports show consumer and industrial businesses are losing approximately $250 billion each year because of counterfeit components. One report notes the automotive industry alone lost $3 billion in sales, while another shows the semiconductor industry takes a $75 billion annual hit. Matthew R. Shindell, Special Counsel, Goldberg … WebCounterfeit electronic components present a significant risk to businesses. These components could impact end product reliability, cause malfunction or premature failure. Depending on the product’s application, a component failure could cause serious injury or even loss of life.
Counterfeiting is on the rise, and projected to exceed $3 …
WebApr 7, 2024 · Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2024 and 2024 with forecasts to 2025** (in million U.S. dollars) [Graph], Frost & Sullivan ... Web67% of counterfeit goods are estimated to originate from China. 50% of automobile deaths in Saudi Arabia are caused by counterfeit parts. 41% of business managers are extremely or very concerned about keeping their brand and trademarks protected in the evolving web landscape. 1 in 6 online shoppers are duped by counterfeit products. shiny clone trooper
Illegal Market of Counterfeit Auto Parts More Profitable Than …
WebJan 1, 2013 · Trafficking of counterfeit vehicle parts is also obviously a significant economic problem for the motor vehicle parts supplier industry. Frost and Sullivan has … WebAug 27, 2024 · As reported in FPDS, NASA has had contract obligations with 3,120, 3,023 and 2,805 small business contractors in 2016, 2024 and 2024, respectively and no counterfeit parts were found in the supply chain. WebMay 21, 2012 · WASHINGTON -- A Senate Armed Services Committee investigation discovered counterfeit electronic parts from China in the Air Force’s largest cargo plane, in assemblies intended for Special Operations helicopters, and in a Navy surveillance plane among 1,800 cases of bogus parts, a committee report released today [PDF 1.44 MB] … shiny cloud providers