In Thailand, Smuggled iPhones Go for Up to $1,400 - Southeast Asia Real Time - WSJ
Customers here are flocking to crowded shopping warrens such as Mahboonkrong in downtown Bangkok to place deposits on phones smuggled in from places such as Hong Kong, Singapore and even the United States. One vendor in MBK – as it is known – said his team will try to bring over 100 phones into Thailand, and so far more than 80 people have handed over deposits of 5,000 baht, or $160, per phone.
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