A quick blog today on an HP seizure of a mountain of counterfeit materials. Apologies for the long time between postings...just back from an amazing trip to Ireland for vacation.
http://www.ameinfo.com/202085.html
"HP Middle East's efforts to protect its customers from
counterfeits in the region, resulted in one of the largest seizures of
counterfeit print cartridges and components in the Middle East, conducted by
Dubai Police in 2009. The raid uncovered an illegal counterfeit operation in Dubai at a 600m2
warehouse with two floors filled with packaging materials and security labels as
well as finished goods. The counterfeit goods were intended for export to
countries in the Middle East, Europe, and Africa. Four people were arrested and
Dubai Police have started a criminal investigation."
At current exchange rates, this is approximately $20 million US. A lot of inventory on hand, but an effective just-in-time supply chain nevertheless: remember, counterfeiting is a business. Spanning at least 3 continents in this case.
Cheers, Steve
Posted
07-07-2009 2:48 AM
by
StevenSimske