China’s Henan Province, home to main iPhone 5 assembly location, saw import-export revenue increase 58.6% YOY

“Today, Tech.Sina is reporting that — despite rumors that iPhone 5 demand is weak — nothing could be further from the truth,” Storm Williams reports for TheTechStorm.

“According to the report, The Zhengzhou Customs department recently announced that the Henan Province saw an increase in import-export revenue of $ 51.75 billion last year, an increase of 58.6% compared with 2011,” Williams reports. “The big news here is that the Foxconn Group has a big operation in this region.”

Williams reports, “Henan Province is said to be one of the Apple’s iPhone 5 main assembly… location[s], with more than 50% of the world’s iPhone 5 shipments.”

Read more in the full article here.

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