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Apple flagship smartphones exclude from China's trade-in subsidies

Chia-Han Lee, Taipei; Sherri Wang, DIGITIMES Asia 0

Credit: AFP

Most of Apple's high-end products are likely to be excluded from China's latest round of subsidies, as the country has set a price cap of CNY6,000 (approx. US$822) for eligible digital products. Under the new program, consumers will receive a 15% subsidy...

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