BEIJING: Apple is providing uncommon reductions of as much as 500 yuan ($68.50) on its newest iPhone fashions in China, because the US tech big strikes to defend its market share in opposition to growing competition from domestic rivals such as Huawei.
The four-day promotion, from January 4 to January 7, applies to completely different iPhone fashions when bought utilizing particular cost strategies, in line with its web site.
The flagship iPhone 16 Pro with a beginning value of seven,999 yuan and the iPhone 16 Pro Max with a beginning value of 9,999 yuan will see the best low cost of 500 yuan. iPhone 16 and iPhone 16 Plus will obtain a reduction of 400 yuan.
The reductions come as customers stay cautious with spending amid a slowing Chinese financial system and deflationary pressures, with the nation’s client inflation hitting a five-month low in November.
Apple is grappling with declining market share in China, the world’s largest smartphone market, the place native producers have stepped up competitors.
