Electronics & Industrial

• Authentix buys Nanotech Security assets from Meta Materials

  25-Jul-24 - Authentication tech specialist Nanotech Security Corp was sold to Meta Materials for $73 million just three years ago.

• AI-powered optical detection could tackle fake chips

  24-Jul-24 - RAPTOR technique shows almost 98 per cent accuracy in detecting 'adversarial tampering,' say Purdue researchers.

• Automotive parts supplier Dana rolls out security labels

  17-Jul-24 - Label developed with Authentic Vision will help to counteract a global rise in counterfeiting, says the company.

• CargoNet says US cargo thefts dip after record Q1 levels

  12-Jul-24 - There were recorded 771 theft incidents in the period, a 33 per cent increase on the same period of 2023.

• US Senate passes anti-counterfeit awareness resolution

  10-Jul-24 - July should be denoted as National Anti-Counterfeiting and Consumer Education and Awareness Month, says text.

• Italian study shows impact of counterfeiting on companies

  26-Jun-24 - Smaller, low-tech companies are found to be most at risk of going out of business due to counterfeiting.

• Russia counterfeiting Western cars and parts; report

  24-Jun-24 - A Citroen facility now owned by a Russian company is making Citroen C5 Aircross vehicles using Chinese components.

• Rising demand for used cooking oil driving fraud

  20-Jun-24 - Virgin oil may be entering the market as demand for used oil for biodiesel rises, undermining carbon reduction targets.

• Amazon files legal action against fake good facilitators

  19-Jun-24 - Lawsuits claim defendants used illicit schemes to counteract processes designed to prevent the listing of counterfeits.

• De La Rue confirms takeover talks ongoing

  30-May-24 - Could De La Rue’s 200-year position as a UK commercial institution be coming to an end?

• Suit claims young mother died after fake airbag exploded

  20-May-24 - The complaint names Chinese company Jilin as well as US companies involved in the sale of the allegedly defective car.

• Company CEO gets prison time for fake Cisco scam

  12-May-24 - US-Turkish citizen Onur Aksoy got the maximum sentence of 6.5 years and must pay $100m in restitution to Cisco.

• De La Rue gets extended Microsoft contract

  08-Apr-24 - The five-year renewal covers physical and digital technologies used in Microsoft OEM, retail and Xbox products.

• California man admits selling fake electronics to US military

  02-Apr-24 - Falsified fan assemblies were sold for use in equipment that could have ended up in a nuclear sub, aircraft and missile systems.

• International trafficker in fake Apple products imprisoned

  27-Mar-24 - Zhiwei “Allen” Liao has been sentenced in federal court to 51 months in prison for his part in the conspiracy.

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