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iPhone Prices in China are Slashed – Again



Prices of iPhones in China are being slashed – again.

Major ecommerce sites including Tmall and JD.com have already lowered phone prices two times this year. Now, the cuts are getting an official seal of approval – Apple's own website.

For the first time this year, Apple has dropped iPhone prices on its official Chinese website.

On Monday, the smartphone maker has lowered prices by between 300 yuan ($ 44.7) and $ 500 for all models of the iPhone X, Caixin learned that the iPhone 4 and iPhone 7, according to its website,

The slash comes in response to China's reduction of tax burden for manufacturing and other sectors that began on April 1.

The new regulations reduced the value added tax (VAT) for manufacturers to 1

3%, down from 16%, and the VAT rate for the transport and construction sectors to 9% from 10%.

The prices on Apple's The websites are still not lower than they are on some ecommerce sites, which saw the price tag for iPhone X models fall by as much as 2000 yuan last month amid the warmth of sales of phones in China.

Related: iPhone Slowdown Hits Apple's Chinese Supply Chain


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