Almost 13% of smartphones sold in the world are fake, according to a EUIPO study

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joypaul4ai
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Almost 13% of smartphones sold in the world are fake, according to a EUIPO study

Post by joypaul4ai » Wed Feb 14, 2024 4:35 am

According to a report prepared by the European Union Intellectual Property Office (Euipo) , in collaboration with the International Telecommunications Union (ITU) , in 2015, 1.3 billion smartphones were sold worldwide. Which means that approximately one in every six inhabitants of the planet bought one of these devices, at an average price of 275 euros. In the European sphere, one in three EU citizens bought a terminal, which is equivalent to 150 million units sold.

02 Smartphone_Infographic_ESIn this context, the report focused on the impact of counterfeits in the smartphone sector indicates that, due to the presence of Belgium Phone Number List counterfeit devices, legitimate companies stopped selling 184 million devices. Which meant losses of 45.3 billion euros, equivalent to 12.9% of legitimate sales in this sector.

At the European level, it is estimated that the number of devices not sold in the European Union amounted to 14 million units, which for legitimate companies led to losses that reached 4.2 billion euros, the equivalent of 8.3% of sales. of the sector.

The most affected country turns out to be Italy, with losses of 885 million and 14.5% of total sales; The United Kingdom follows with 660 million losses, which represents 5.7% of sales. In Germany, sales lost due to counterfeits are estimated at 564 million euros in, which is equivalent to 5.7% of the sector's total sales, while in Spain the figure is estimated at 386 million, 10 % of sector sales. Finally, in France counterfeits reached 380 million, 8% of total sales.

Data available for other regions shows that counterfeits caused the loss of 21.3% of sales in Africa, 19.6% in Latin America, 17.4% in Arab countries, 15.6% in China , 11.8% in the Asia-Pacific region and 7.6% in North America. China accounts for a third of total profit losses in the smartphone sector.

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Antonio Campinos, Executive Director of EUIPO, said: “Based on our reporting and analysis, EUIPO is building a picture of the effects of counterfeiting and piracy on key economic sectors. This is the first report in a series analyzing the impact of counterfeits both inside and outside the EU.

The report analyzes the number of smartphones sold in 90 countries in all regions of the world, by tracking consumer purchases at points of sale. The figures provided by the report can act as a powerful message for policy makers and all those working to combat counterfeiting around the world.

Brahima Sanou , director of the ITU Development Office , stated that “counterfeits affect consumer security, health and privacy, as well as economic growth. I am pleased to note that our collaboration with the EUIPO contributes to raising awareness of the social and economic consequences of counterfeit smartphones. It is our responsibility to take measures to protect consumers.

The report presented today is the eleventh in a series of studies published by EUIPO through the European Observatory on Infringements of Intellectual Property Rights on the economic consequences of counterfeiting in EU industrial sectors.

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