Apple has announced additional trade-in discounts for new iPhone models in China, effective until June 18, 2025, as stated on its website.

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	Forwarded this email? Subscribe here for more Apple boosts iPhone trade-in discounts in China MacDailyNews May 23   READ IN APP   Apple’s iPhone 16 Pro Apple has announced additional trade-in discounts for new iPhone models in China, effective until June 18, 2025, as stated on its website. This strategic move aims to bolster demand in the world’s largest smartphone market, where Apple faces intense competition from iPhone knockoff peddlers like Huawei and Xiaomi. The discounts, ranging from 1,000 to 5,700 yuan ($139-$791), apply to trades of iPhone 12 or later models. For instance, the iPhone 15 Pro Max now offers up to 5,700 yuan in trade-in value, up from 5,625 yuan, while the iPhone 15 Pro reaches 4,750 yuan. The initiative comes as Apple faces declining market share in China, dropping to 14.1% in Q1 2025, trailing Huawei (19.4%) and Xiaomi (16.6%). This follows a 9% drop in Apple’s China shipments, while competitors posted significant gains. The iPhone trade-in discounts in China align with China’s “618” shopping festival, a major retail event, and complement government subsidies offering up to 500 yuan for smartphones under 6,000 yuan. Apple’s pricing, such as the iPhone 16 Pro at 5,999 yuan, strategically qualifies for these subsidies, aiming to regain ground in the Chinese market. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple boosts iPhone trade-in discounts in China appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe