How crazy is the Chinese market for smartphone cases? Check out the video below produced by MICGadget, our favorite English-language blog covering the Chinese electronics market.
Apple (AAPL) hasn't unveiled or even named its newest iPhone, but Chinese shops are already selling cases for the iPhone 5 in a wide variety of colors and designs. They all have the same dimensions, however, a fact that MICGadget attributes to a single iPhone 5 prototype that went missing recently from a Foxconn factory in Shenzhen.
There is reason to take these designs seriously. Chinese case manufacturers compete vigorously for narrow margins. They know their business and are not beyond using extra-legal means to get their hands on Apple's top secret prototypes. In June a Chinese court sent three people to prison on conspiracy charges for selling an early design for the iPad 2 to a case maker willing to pay 20,000 yuan ($3,000) for first crack at the market.