News articles on Black Market Activities

iPhone popular on Asia’s black markets

Apple’s iPhone is selling quickly on Asia’s black markets.

From Reuters:

The new iPhone looks set to be a huge hit in Asia countries where it goes on sale on Friday, but the sleek smartphone is already in high demand in black markets from Shanghai to Bangkok.

In Thailand, a Southeast Asian hub for pirated goods where Apple Inc’s iPhone is not officially for sale, dealers boast they only need a few weeks to smuggle in the trendy phones and “unlock” them for use on local mobile networks.

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Date
July 16th, 2008

Author
havocscope

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