The Chinese manage to get the better of Steve Jobs everytime, earlier it was the ripped off iPhone and now it is the iPhone-3G. Best of all according to the report it has more features than the original iPhone-3G and costs just $100 fully unlocked. Though they did not mention the features it might have expandable memory and a 2 Megapixel camera with a 5 Megapixel sticker. Strolling through the markets in Shenzhen they uncover a fake phone which can detect fake currency bills, Ferrari phone, and even a new brand which goes by the name 'I Love you'.

(Thanks Jim)