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China to subsidise smartphone purchases in bid to lift spending

⁨39⁩ ⁨likes⁩

Submitted ⁨⁨4⁩ ⁨months⁩ ago⁩ by ⁨misk@sopuli.xyz⁩ to ⁨technology@lemmy.world⁩

https://www.straitstimes.com/business/economy/china-to-subsidise-smartphone-purchases-in-bid-to-lift-spending

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Comments

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  • flamingo_pinyata@sopuli.xyz ⁨4⁩ ⁨months⁩ ago

    Ah, the myth of infinite growth again. I guess the majority of Chinese people have a smartphone by now, why would they constantly buy new ones

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    • qyron@sopuli.xyz ⁨4⁩ ⁨months⁩ ago

      The government says, they do.

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  • hark@lemmy.world ⁨4⁩ ⁨months⁩ ago

    If it works like subsidies over here, companies will just jack up prices to eat up the full subsidy.

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  • CosmoNova@lemmy.world ⁨4⁩ ⁨months⁩ ago

    They want to push Apple out of their domestic market is what they’re trying to so because an iPhone is still a status symbol compared to Huawei or any phone really.

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  • dukethorion@lemmy.world ⁨4⁩ ⁨months⁩ ago

    I bet they are all on HarmonyOS…

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