How Stolen iPhones Travel From Western Streets to Chinese Markets
21st May 2025
The Feiyang Times is an unassuming tower in Shenzhen’s Huaqiangbei district, but it has earned the nickname “the stolen iPhone building” in Apple community forums. According to a Financial Times investigation (paywalled), the building has become a major hub in a global network trafficking stolen iPhones.
This is why we can’t trust the Red Chinese.
UPDATE: Many iPhones stolen in the US and Europe end up in one building in China
UPDATE: How stolen and locked iPhones are being broken down in China for profit