A police raid in Beijing has shut down a large counterfeit iPhone factory that had produced over 41,000 handsets, reported to be worth $26 million.
The factory was run by husband-and-wife team under the cover of a gadget maintenance shop. Their six assembly lines were set up in January of this year, employing "hundreds" of workers to piece together second-hand smartphone parts that were being passed off as iPhones for the export market.
Chinese police acted on a tip-off from US authorities, ultimately seizing 1,400 devices. The raid happened in May, but the news has only now been made public. It's not clear where the phones actually ended up being sold overseas.