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Stock impact report

China smashes counterfeiting ring that sold hard drives - Xinhua [Reuters]

Hewlett Packard Enterprise Company (HPE) 
Last hewlett packard enterprise company earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.hpe.com
Company Research Source: Reuters
China smashes counterfeiting ring that sold hard drives: Xinhua - Reuters 2 Min Read SHANGHAI (Reuters) - Chinese police have seized more than 210,000 hard drives produced by a counterfeit ring that sold them as brand-name items from the likes of Hewlett Packard Enterprise and IBM, the Xinhua news agency reported on Saturday. China has vowed to get tough on counterfeiting and intellectual property theft but many brands still face the problem with a broad range of items from cosmetics to vehicles being copied. The theft of intellectual property is a major source of friction in a trade dispute with the United States. Police arrested 56 suspects at two factories and four offices in the cities of Nanjing, Beijing, Chongqing and Guangzhou, where the hard drives were made and sold, Xinhua said. Xinhua said the action against the counterfeiters was carried out late last year. It did not say why the news was only announced on Saturday but it came shortly after U.S. President Donald Trump orde Show less Read more
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