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Soap box packed away.
| View single post by romano | ||||||||||
| Posted: Sat Dec 27th, 2008 07:05 am |
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romano
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Excellent info and sad to say not surprising. This problem is far more widespread than watches. In a wrist watch you just get ripped off and buy a watch that doesn't work as it should, not a critical failure. This happens in everything from simple industrial and consumer machines to jet engines. It starts when the originator company in order to maximize profit and reduce costs either opens a factory or contracts for equipment at factories in countries with poor IP protection. within a couple of years counterfeit parts float around the world markets and other companies see these as an opportunity to reduce costs. These folks are not stupid and they must know that when the rest of the world is paying $75.00 for a part and they get offers to sell for $35.00 that something is up. they just look the other way. Its why we have melamine in pet food and baby formula. Greedy unethical business people. I don't blame the Chinese necessesarily. Yes their business practices leave something to be desired but the western companies that buy and contract there have an obligation to establish proper and detailed specs that should catch counterfeiting among other things. The lack of proper oversight is just another way to maximize profits because the risk of being caught and a problem turning up has been deemed acceptable vs cost of doing the right thing. Soap box packed away.
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