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The global economy and boom in digital platforms has made the world of business faster and more convenient than ever. For organizations of all sizes, accessing global supply chains to make manufacturing and design more streamlined and cost-effective is a common reality, and the electronics industry is just one vertical that is reaping these benefits. With this growth in global suppliers and distributors, however, there has been a corresponding boom in nefarious participants, looking to pass off counterfeit goods as genuine and syphon off your profits as a result. The fake semiconductor industry alone represents a $75B risk, with fake electronics accounting for an additional $169 billion. In 2013 alone, the U.S. government seized $145 million worth of fake electronics — a number which sounds staggering, but is really just a small percentage of the global counterfeit goods market. Counterfeit or low-quality parts may not work at all, and because counterfeiters tend to run "fly-by-night" operations, returns are usually out of the question, so initial investments are lost. On the other hand, counterfeits might work for a while. When products fail before they reach the projected life span, costs for repair or replacement can wipe out any profit (remember that recent smartphone recall?). Some counterfeits are designed to gather sensitive intellectual property or intelligence. The Growth of Counterfeit Electronics What You Can Do to Protect Yourself 3

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