Sat. May 21st, 2022

More Than 200,000 New iPad Units Smuggled To China For Grey Market

Apple has already launched its new iPad tablet in the U.S and nine other countries, and the new iPad is available to purchase from any of its country Apple’s Retail Store, but it appears that folks over the other countries are also excited to get their hands on the device even before the legal launch and availability of the device in their country. It is reported that more than 200,000 new iPad units are already smuggled into China for sale on the grey market. In addition to initial smuggled of these devices into China for sale, it is also reported that these devices are slowly started moving into different parts of the country for the sale of these with additional prices on the grey market.

According to the report, the devices will be offered to other country’s part on a profit of around $20 on each device, and most of the devices actually come directly from the U.S., where mostly users pre-ordered their devices through online Apple Stores, and fewer numbers of users present at the Apple’s store line for the new iPad.  The report comes from the CUTV, and translated by Tech In Asia, according to their correspondent these device prices going to blow the market, and totally depends on the demand of the device in the market. The folks over the grey market increase the price of the device with the increase of demand for the device in the country, it is told by their local media that users are already ready to pay up $1,580 to these grey market folks for the new iPad, and these devices are already started floating across the nation. It is believed that there would be more than 200,000 new iPad units smuggled back to China for the sale.

Originally, there are still now words from Apple on the launch of the device in the China, and we believe the whole process is going to take months to launch the new iPad with 4G LTE license in China.