China cracks down on makers of fake iPhones

According to the news service, the people allegedly involved in the ring paid about 2,000 yuan ($313) for all the parts required to develop an iPhone copycat. After boxing the devices up, the group reportedly then sold them in Chinese markets, as well as online, for 4,000 yuan ($625)--about the same price the genuine iPhone 4 goes for in the country.

via news.cnet


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