Apple isn't planning to bring the iPhone to Asia until 2008, but it doesn't really matter - the market there is already flooded with cheaper clones of the device.

According to Bloomberg's John Liu and Chinmei Sung, you can buy an "iClone" in China and Taiwan for one to two thirds of Apple's price. The phones are made in batches of 1,000 in a factory in China, and are advertised online for as little as $133. As one iClone seller puts it, the functionality isn't that hard to duplicate and even improve upon: "The hard part is the design and the exterior," he says.

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Image above is from Ubergizmo.