Hyundai warns markets of fake 64Mb parts
Sold at ten per cent below market value
Posted in Business, 8th November 1998 18:12 GMT
Hyundai Electronics has warned its customers that fake 64Mb memories bearing its trademark are circulating in the market. That comes as memory prices continue to steadily rise. Although first appearing in South East Asia, it is now understood that such parts have reached Europe and the US. The company said that it had found products sold at ten per cent lower than its cost price, which were re-marked with its logo. The DRAMs are of inferior quality and performance. It has launched investigations into which company or individual is behind the scam. At the same time, it has warned companies which have used the fake products in memory modules of the problem to cease and desist from using the fake products. According to Hyundai, the fake memories have coarse laser or ink markets and use an older method of packaging and have a different set of serial numbers than its own parts. The company warned end users and resellers to buy products through legitimate distribution channels. It said that a previous example of re-marking occurred in products from Japan in April this year. Last week, DRAMs rose to a high, following constraint on product from manufacturers. ® Click for more stories Click for story index

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