Company busted in China made 41,000 fake iPhones worth $19.4 million
China’s burgeoning knockoff industry was exposed again at the weekend when Beijing police revealed on Weibo that they had shut down a firm that had produced fake iPhones worth almost US$20 million.
The massive operation was run by a husband and wife from Shenzen who bought fake and second-hand parts from suppliers inside and outside China and hired hundreds of workers on six production lines to manufacture the handsets, the Wall Street Journal reported.
The fake iPhones, an estimated 41,000 in all, were sent to overseas countries including the United States. A tip-off from U.S. authorities exposed the operation, which was raided in May. Nine people have been arrested.
The production of Apple fakes has been big business in China for a number of years. Fake Apple Watches were available even before the real thing could be bought in stores, and in 2011 authorities uncovered 22 fake Apple retail outlets in the city of Kunming.
more...http://asiancorrespondent.com/134402/company-busted-in-china-made-fake-iphones-worth-19-4-million/
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