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Apple's next iPhone touted to give massive boost to global air cargo market
APPLE's next iPhone is expected to boost the global cargo market, especially in Zhengzhou, in Henan province, where two-thirds of the world's iPhones were made last year, reports Hong Kong's South China Morning Post.
"The launch is going to be massive. Last year in November we had a boost from both the PlayStation 4 and the box One and that lasted three months," said Schiphol airport cargo chief Enno Osinga, also vice-chairman of the International Air Cargo Association.
Apple supplier Foxconn, which transferred much of its production from Shenzhen to Zhengzhou, has sparked an economic boom in a city of 8.6 million people.
"Its production value in 2013 was CNY180 billion (US$29.1 billion) and its import-export value made up close to 60 per cent of Henan province's total," said Zhengzhou Airport Economic Zone deputy director Huang Qing.
The factory manufactured 96.45 million iPhones in 2013. Apple sold 150 million iPhones worldwide last year. Zhengzhou airport is now the fastest growing cargo airport in China.
Traffic increased 120 per cent in the first seven months of 2014, almost 20 times faster than the national average of six per cent. Yet Foxconn accounts for less than 20 per cent of the export tonnage .