PCR Tech and IT retail, distribution and vendor news
PC accessories vendor Razer has announced the sentencing of two men arrested for selling counterfeit Razer products online in China.
Haikui Lin and Ping Gong were each handed a one-year prison sentence and fined 140,000RMB (£14,641), in addition to a 150,000RMB (£15,687) fine paid to Razer.
“Counterfeit goods put a huge toll on innovation and growth across many industries worldwide,” said Min-Liang Tan, Razer co-founder and CEO.
“By investing in bringing down these operations, Razer hopes to set an example that this kind of criminal activity will not be tolerated.”
The International Criminal Court (ICC) estimates the cost on counterfeit goods on tax revenue and additional welfare spending is up to $125 billion in developed countries, and that 2.5 million jobs are lost as a result.
In other Razer news, last week the vendor unveiled a new £55 Firefly mouse mat that lights up.
