Summary
Apple is offering discounts of up to 500 yuan ($68.50) on iPhone models in China as part of a four-day promotion.
The promotion is aimed at defending Apple's market share amid rising competition from domestic companies like Huawei.
The discounts come as China’s economy faces challenges, including cautious consumer spending and deflationary pressures.
Apple has launched a rare discount offer on its latest iPhone models in China, with discounts of up to 500 yuan ($68.50) on flagship devices. This four-day promotion, running from January 4-7, targets the latest iPhone 16 Pro, Pro Max, and other models, offering a strategic response to the intensifying competition from domestic smartphone manufacturers like Huawei.