An unassuming building in the bustling southern Chinese city of Shenzhen has become the largest hub for the stolen iPhone trade.
Located in the city's Huaqiangbei electronic commercial street, the Feiyang Times building is known for selling second hand mobile devices from Western countries for cheap.
Many are traded in by western consumers to network operators or to phone repair shops.
But the tower's fourth floor has become synonymous with the illicit phone trade, where thousands of iPhones snatched by balaclava-clad thieves in Europe and the US end up, according to the Financial Times.
China's 'stolen iPhone building', is considered to be one of the most important hubs in a supply chain of second hand technology that starts in Europe and ends up in the global south.
