As the launch of a new generation of iPhone approaches, an industrial chain surrounding the new product has emerged, with market players in supporting industries stretching their resources to try for a piece of the pie.

At Shenzhen's Huaqiang North area, an electronics hub known for copycat products, various kinds of iPhone 8 covers are already on sale.

"We have already poured in about five million yuan ($767,130) in manufacturing iPhone 8 covers," said Liu Shihua, chief executive officer of Shenzhen Aiqaa Technology Co Ltd, a company specializing in making 3C digital accessories.