Apple offers iPhone discounts in China as competition intensifies

Quick Summary:

Apple is offering rare discounts of up to 500 yuan (RM306 or US$68.50) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.

The discounts come as consumers remain cautious with spending amid China’s slowing economy and deflationary pressures, with the country’s consumer inflation hitting a five-month low in November.

The US company’s smartphone sales in China still slipped 0.3% during the third quarter from a year earlier, while Huawei’s sales surged 42%, according to research firm IDC.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: IOS /Tech/Tech News Smartphones

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 14:40:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24813878

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 39 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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