ACCORDING TO a statement from the Finnish phone maker Nokia, 20 per cent of the mobile phones on the planet are fake.
Esko Aho, a member of Nokia's executive board, explained that the proliferation of counterfeit devices is hurting businesses, such as his presumably, as they try to enter emerging markets.
Nokia sells phones like Heinz flogs beans so it's pretty likely that more a few of its low end devices have appeared in clone form on more than one rogue factory conveyor belt somewhere. Perhaps surprisingly though, they aren't all made or found in China.
"It is mostly China-originated, but it is global. It is not only in Asia, but also in Latin America and even in some parts of Europe," he said, according to Reuters.
Just last year that cuddly, soft-spoken man of the people Steve Ballmer said that Chinese forgers were harming Microsoft's business, possibly in ways that he could never have conceived of.
Mind you, he did his best to harm future business himself when he discounted the biggest market in the world with the sort of grace Prince Philip can only dream of and attacked them all with a walk the plank attitude.
Speaking to Walt Mossberg about whether the interviewer should buy his software, Uncle Fester said, "80 million Chinese people won't this year, if they paid then you wouldn't have to."
Just yesterday the issue was raised again, when US President Obama cited more figures from Ballmer. "Steve Ballmer of Microsoft pointed out that their estimate is that only one customer in every 10 of their products is actually paying for it in China," reported White House transcripts. µ
Plus the cost of ambition as moonshots eat into the coffers
Spoiler alert: it's probably VeriSign
Did we say cuts off? We meant traps them inside their own home