South Korea Security Threats

Data and information about security threats from South Korea’s black market. Intelligence and security information collected from government agencies, news articles and other public data sources.

in 2008, Japanese Customs handled 26,415 cases of counterfeit goods, an increase of 16.6 percent from the year before.  It also marked the seventh straight increase in the amount of counterfeit goods seized during the year.

81.5 percent of the counterfeit goods originated from China, followed by 12.4 percent of goods from South Korea.

 

The counterfeit luxury good that is copied the most in South Korea is Chanel, according to a government report.

 

Counterfeit phones and equipment caused losses of about $1.1 Billion to mobile phone maker Samsung in 2006.

 

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Movie piracy in South Korea caused $1 Billion in losses to the Korean film industry.

 

At least 1 million replica handbags, purses and wallets are estimated to be manufactured in South Korea annually.

 

Reuters reported that “market vendors throughout Asia seem to agree that the best fake handbags are manufactured in South Korea.”

(More news about counterfeit goods.)

 

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).

Counterfeit products made in China cost South Korean firms $14.2 billion, equivalent to 5 percent of total exports, according to the Korea International Trade Association.

Source: “Chinese Imitations Undermining Korean Exports,” The Chosum Ilbo, January 15, 2007.