Alicante
28 February 2017
Reporter: Barney Dixon

€45.3 billion lost to counterfeit phones


An estimated €45.3 billion ($48 billion) was lost in 2015 due to counterfeit smartphones, according to the EU Intellectual Property Office (EUIPO).

The EUIPO’s report, which was released on 28 February, was authored in collaboration with the International Telecommunications Union (IT) and analysed several different smartphones sold worldwide.

Approximately 1.3 billion smartphones were sold worldwide in 2015, meaning one out of every six people purchased a device.

Overall, an estimated 12.9 percent of legitimate sales were lost due to counterfeits.

In Africa, more than 20 percent of sales were lost due to counterfeiting, followed by Latin America with 19 percent.

But, according to the report, China accounted for one third of the total global revenue lost in the smartphone sector.

EUIPO executive director António Campinos said: “At the EUIPO, through our reporting and analysis, we are building a picture of how counterfeiting and piracy affect key economic sectors.”

“This is our first report in this series, which analyses a sector both inside and outside the EU. Its estimate that 12.9 percent of legitimate sales of smartphones were lost globally in 2015 can act as a powerful message for policymakers, and all who work to combat counterfeiting worldwide.”

More trademarks news
The latest news from IPPro The Internet
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
UK financial services hit trademark high
23 October 2017 | London | Reporter: Barney Dixon
UK trademarks registered by financial services have hit a record high, with investment in financial technology a key driver over the last five years, according to professional services firm RPC
Man guilty of trafficking $2.5 million in counterfeits
28 September 2017 | New York | Reporter: Barney Dixon
A New York man confesses to planning the distribution of more than $2.5 million of counterfeit UGG boots
Unitary trademark should be pursued in the EU
20 September 2017 | Prague | Reporter: Theo Andrew
A unitary trademark, similar to proposals for a unitary patent, should be pursued in the EU, according to Gregor Vos, partner at Brinkhof
Kroger and Lidl drop home brands lawsuit
13 September 2017 | Virginia | Reporter: Barney Dixon
Supermarket rivals Lidl and Kroger have agreed to dismiss a trademark infringement lawsuit over home brand logos
Kodi hit by trademark trolls
12 September 2017 | London | Reporter: Barney Dixon
Kodi, the company behind the open source IPTV box software of the same name, has been hit by a multitude of so-called ‘trademark trolls’
BBC Worldwide partners with Incopro
11 September 2017 | London | Reporter: Barney Dixon
BBC Worldwide has partnered with brand protection specialist Incopro to tackle the unlicensed online sale of counterfeit merchandise
Facebook a counterfeiter’s haven, finds IPO
07 September 2017 | London | Reporter: Barney Dixon
Counterfeiters see social media as a haven, with Facebook representing the most exposed location for communication about counterfeit goods, according to the UK Intellectual Property Office