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All posts tagged "Shenzen"

  • iPhone 5 to hit China’s grey market for US$1 500

    Combining Tao Te Ching levels of “WTF” and “Meh, I’m not really surprised,” China’s finest smugglers are preparing to sell the newly-unveiled iPhone 5 for a cool 10 000 RMB -- that’s US$1 500, a more than 100% markup over its Hong Kong price of HK$5 588 (4 560 RMB). The fast-working grey importers say they’ll be ready to start selling the iPhone 5 on 21 September, its initial global launch date,...