LG cracks down on fake headsets and wins $168 million
Don’t ever try to counterfeit headsets, it’s not a good idea.
LG was recently awarded $168 million in reimbursement by a federal court after suing 17 diverse firms that were answerable for manufacturing, distributing, trafficking and selling knockoff LG tone headsets, the company reported in a press release.
Counterfeit electronics can be problematic for producers. Not merely fake electronics take away real customers, they can also wreck the brand’s name if the quality is poor. LG has declared that it severe zero-tolerance policy against fake electronics, but this legal affront is likely to send an even apparent message to the bustling take off trade.
The court case was filed last year and LG firstly asked for $200 million in damages. Even though LG was awarded less than the asking amount, the company’s win is nothing to mock at. LG claims that this lawsuit has shut down a sizable portion of the fake products being sold in the US. After the conquest, LG released a statement saying that it wasn’t breaking up on the war alongside fakers.