$200 million in lost sales for Hyundai due to parts from China
April 26, 2008 · Posted in Asia, Counterfeit and Piracy
Around $200 million is lost in sales of auto parts to South Korean auto manufacturer Hyundai due to counterfeit parts made in China.
Source: “Chinese Imitations Undermining Korean Exports,” The Chosum Ilbo, January 15, 2007,(accessed: January 24, 2007).
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