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It seems like the long arm of the law has eventually trapped with China’s fake iPhone outfit, with 5 suspects being caught in Shanghai’s finest. The 5 were offender of being a member of a complex iPhone counterfeiting outfit which basically relied on real parts in order to develop and sell counterfeit iPhones to the trusting people.
Many of the components were brought in from Guangdong, where set up will take place in Shanghai. The raid saw 200 fake apple iphones being confiscated, and with a “manufacturing” price of close to 2,000 yuan ($313) each, definitely the gain margin can’t be that high to be so profitable – thinking about how many real parts were utilised. I think costs in the grey markets and on-line as well as the need for this kind of units are good enough for this racket to carry on, with it being sold for only “a few 100 yuan cheaper” than the cost of an official iPhone.
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