According to Pan Jiutang, a partner of Xiaomi's Industry Investment Department, the price of 4G Android phones will fall significantly in the following months and several factors are at play here. One of which is the massive price cut of the iPhone 11-series in China. If Chinese smartphone manufacturers want to stay competitive against the iPhone 11 family, they will have to lower the prices of its high-end handsets. Additionally, the rapid development of the 5G network in the country has allowed for wider adoption and the number of 5G-capable smartphones is increasing by the day,...
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