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Home » Market Update » Unverified electronics rose to $509billion, says study

UnVerified Electronic Components (UVECs) and corresponding illegal trade rose from $461 billion to $509 billion between 2017 and 2019, amounting to as much as 3.3% of the world trade of intellectual property, according to a new research paper.

The article, which proposes the use of thermography to detect counterfiet, says that unverified or counterfeited electronic components pose a big threat globally because they could lead to malfunction of safety-critical systems and reduced reliability of high-hazard assets.

“Without a doubt, those unverified components from untraceable sources are industrial unqualified and can lead to unstable and unreliable operational performance, causing unpredictable system malfunctioning and failure, operators’ injuries and catastrophic economic loss in manufacturing, transport, aviation, power generation, and cybersecurity every year.

“Therefore, developing a reliable inspection technique is strongly demanded to equip and enhance the current capabilities of not just the asset owners but also the stakeholders in the entire value chain. ” 

Astute Electronics offers very reliable on-site labs for carrying out a range of destructive and no-destructive testing, as shown here:

Astute is a highly accredited, quality-driven procurement expert, with a list of clients that includes the world’s leading defence suppliers. Our mission is to shield you against inferior quality products and services. As such, our operations are run in accordance with quality processes including AS6081 that mitigates the risks of purchasing and supplying fraudulent/counterfeit electronic parts.

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