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Beijing police bust USD19m iPhone counterfeiting ring

Police in Beijing have busted a factory that produced more than 41,000 fake iPhones worth as much as CNY120 million (USD19 million), including some that reached the United States, and have arrested nine suspects in the counterfeiting operation.

Apple is one of the most popular brands in China, where authorities have stepped up efforts in recent years to dispel the country’s reputation for turning out counterfeit goods.

Officials have taken stiffer action to enforce intellectual property (IP) rights, pushed firms to apply for trademarks and patents and cracked down on fakes.

(Source: CNBC)