There’s no denying that this is a problem on a monumental scale, and it’s only getting worse. Current estimates for the annual loss to the electronics industry due to counterfeit components is north of $5 billion. With rewards that high, it’s no surprise that criminal enterprises are getting more and more sophisticated in their efforts to cash in on counterfeit parts. Beyond the financial damage caused to the industry are the social costs. Worse, these profits find their way into funding other criminal activities. What’s more people lives are put at risk when fake components make their way into mission critical products. Consider the ramifications of a component failure in a fighter jets engine system or driverless car.
1 авг 2024
