Early China IPhone Launch Gives Smugglers A Run For Their Money

wochit business
September 10, 2013 AT 4:15 PM
Apple's millions of Chinese fans will celebrate the near-simultaneous launch of the latest iPhone in China and the United States, but one group will have little to cheer - the smugglers. An early launch of Apple's latest smartphone in China is expected to stifle a thriving grey market worth billions of dollars a year built around smuggling.