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The increasing number of counterfeit electronic components in circulation is becoming a matter of real concern.

 

 

In 2006 it was estimated that 10% of technology products sold worldwide were counterfeit valued at around $100 billion in revenue.

 

 

It is estimated that counterfeiting accounts for 5% to 7% of world trade, costing approximately £350 billion a year and up to 75,000 jobs.

 

 

Proportional estimates for the UK suggest that counterfeiting costs the UK up to £30 billion per year and in the region of 15,000 jobs.

 

 

In 2007, in terms of the value seized, consumer electronics represented 9% of the total value and that figure is rising.

 

 

The UK Electronics Alliance (UKEA) representing a consortium of 10 of the leading trade associations across the electronics sector hosts a best-in-class website on the matter.

 

 

 

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