Fun Fact: Apple Can't Relase the iPhone 5 in China Without the Risk of being Sued by a Chiniese Knock-Off Company "Goo-Phone"

 
This week Apple announced the iPhone 5 which true to the design leaks is nothing more (on the outside) than an elongated iPhone 4/4S. Interestingly enough a repetitive design might be the least of Apple's worries surrounding the impending sale of the all new iPhone. A China based phone manufacturer called "GooPhone" bet big on the iPhone 5 leaks; and they just might cash in VERY big.

Going with nothing more than their gut feeling and the leaked parts of the iPhone 5, GooPhone made their own phone based on the same design all the way to the two-tone back-panel of the phone resulting in the android running "GooPhone I5" (in case you're interested the specs of the phone are quite impressive for a rush job: Nvidia Tegra 3 quad-core 1.4Ghz CPU, 1GB RAM, Android 4.0 ICS with an iOS 6 theme, 8 megapixel rear camera and a 4-inch screen with an impressive retina display resolution of 1280 x 720).

This itself is nothing new when it comes to phones and the Chinese market, for as long as either of the two existed  they have played their little game of  "Monkey See- monkey Do", what makes GooPhone special is that they went that extra step and actually patented the deign of the GooPhone I5 in Chinese courts, and were approved! (keep in mind that the leaks were never patented, so GooPhone were the first to the office with their product)

As far as the Chinese courts are interested GooPhone owns the rights to the iPhone 5's design, should Apple decide to release it's latest iPhone 5 there they might (and most definitely will) end up in trouble with the Chinese courts and GooPhone.

In other News Samsung has acquired GooPhone for the sum of $500,000,000 (500 Million), stating that they were interested in their wide array of patent portfolios. (that last sentence was a joke in case you couldn't tell).