toggle

AAPL Stock: 99.02 ( + 1.35 )

Printed from http://www.macnn.com

China Unicom limits resale of iPhone 4

updated 10:45 am EST, Tue November 23, 2010

Carrier trying to crack gray market?

Carrier China Unicom is imposing new restrictions on local iPhone 4 buyers, according to Bloomberg. If purchased iPhones are separated from their bundled SIM cards, Unicom says, buyers may now have their deposits frozen. The move is explicitly aimed at curbing resales of the device, which have been causing serious problems for the company and the public at large.

China has a substantial gray market for iPhones, with prices vastly inflated over already high costs. Until recently, Chinese hoping to buy an iPhone direct from Apple had to line up at one of the country's four Apple retail stores, where scalpers have sometimes jostled with legitimate shoppers in order to get their hands on limited stock. The opening of a regional online store did little to alleviate matters, as scalpers simply set up automatic ordering schemes to grab units as soon as they became available. China Unicom runs its own separate sales, although it remains the only official iPhone carrier in the country.






by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. MyRightEye

    Joined: Dec 1969

    -1

    Excuse me??

    You have the ability to freeze their deposits?? Wow, so when it really comes down to the crunch, China is no better than North Korea.

    Oh well, I guess we're not far behind anyway :

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

toggle

Most Commented