Apple slashes iPhone prices in China amid fierce Huawei competition

Apple has launched a significant discounting campaign on its official Tmall site in China, offering up to 2,300 yuan ($318) off select iPhone models from May 20 to May 28. This move aims to bolster its position in the high-end smartphone market amid rising competition from local brands like Huawei. The current discounts are much larger than those in February, where the highest discount was 1,150 yuan.