Apple iPhones get cheaper in China, but still more expensive than competitors

Apple has lowered prices for its iPhones once again, following a domestic tax reduction policy. Since iPhone XR, iPhone XS, and iPhone XS Max are the most expensive, they experienced the biggest drop in pricing, and now will cost up to CNY500 less (about $75). However, analysts predict that it Huawei will keep dominating the smartphone market as the change is too small to eradicate its price advantage. The iPhone XS currently starts from CNY8,199 or over $1,200. For comparison, the Mate 20 costs less than half what the Apple flagship goes for, while even the most expensive Mate...