Shenzhen, home to tech giants and an illicit trade of smuggled chips and stolen iPhones, is clearing out its illegitimate markets ahead of the APEC summit
THE SO WHAT
A crackdown on Shenzhen’s grey markets for smuggled chips and stolen iPhones underscores how much unofficial supply still props up parts of the electronics ecosystem. If your hardware or resale channels quietly depend on these flows, treat this as a warning to map exposure and formalize alternatives.
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