Analysts say the out-of-character price cut is a "strategic move" to help Apple shore up its position in the world's second-largest economy.

Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models. The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals such as Huawei.

Apple has launched another round of steep discounts on iPhone 15 models in mainland China, in a bid to boost sales in its biggest smartphone

Apple offers deep discounts on iPhones in China to compete with Huawei. Discounts up to 2,300 yuan on select models. Sales decline as Huawei gains mar

MacRumors reports that Apple has launched another round of steep discounts on iPhone 15 models in mainland China, in a an effort to boost sales in its biggest smartphone market and counter a strong showing by Huawei.

A court in Uttarakhand sent three individuals to jail for six months for violating food safety standards in making Patanjali soan papdi. Ugro Capital announces plans to raise up to Rs 135 crore via non-convertible debentures.

A rebound in Apple’s iPhone sales in China is gaining momentum, after the company aggressively cut prices in its largest overseas market to lure back consumers actively hunting bargains in a weak economy.

Apple's (NASDAQ:AAPL) iPhone shipments in China surged about 52% in April amid retail partners cutting prices of the device by offering attractive discounts, Bloomberg News reported. The China Academy of Information and Communications Technology disclosed figures,

Apple Inc.’s iPhone staged a rebound in China last month with shipments rising 52% amid a flurry of discounts from retail partners.