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CN National Subsidy Makes iPhone 16 Available at World's Lowest Price
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China's nationwide handset subsidy policy officially took effect on Monday (20th). Currently, most of the major models of Apple phones, including the iPhone 15 and iPhone 16, are eligible for the subsidy. A consumer bought a 256G iPhone 16 with the national subsidy for a price of RMB5,499, which marked the lowest price globally for an iPhone 16 when compared to the US market, Chinese media reported. Driven by the national subsidy policy, China's handset sales are estimated to reach 300 million units this year. AAStocks Financial News |
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