Bunnie Huang paid a visit to Shenzhen's Mingtong Digital Mall and found a $12 mobile phone, with Bluetooth, an MP3 player, an OLED display and quad-band GSM. For $12. Bunnie's teardown shows a little bit about how this $12 piece of electronics can possibly be profitable, but far more tantalizing are his notes about Gongkai, "a network of ideas, spread peer-to-peer, with certain rules to enforce sharing and to prevent leeching." It's the Pearl River Delta's answer to the open source hardware movement, and Bunnie promises to write more about it soon.