Apple’s pricey iPhones out of China’s new subsidy scheme as ceiling capped at US$818
Apple’s latest iPhone models are mostly excluded from China’s new subsidy scheme for boosting domestic consumption, giving domestic smartphone makers the opportunity to lift sales on the back of the stimulus measure. China will offer a 15 per cent subsidy for purchases of smartphones, tablets and smartwatches that cost under 6,000 yuan (US$818), in line … Read more
