China's 'good news' for Xiaomi, Huawei and Oppo is 'bad news' for Apple

China's nationwide smartphone subsidy program may challenge Apple's market position while aiding domestic brands like Huawei, Xiaomi, and Oppo. The initiative aims to boost consumer spending amid economic challenges by expanding trade-in subsidies to cover smartphones.

China's 'good news' for Xiaomi, Huawei and Oppo is 'bad news' for Apple
China's nationwide smartphone subsidy program may challenge Apple's market position while aiding domestic brands like Huawei, Xiaomi, and Oppo. The initiative aims to boost consumer spending amid economic challenges by expanding trade-in subsidies to cover smartphones.