China to subsidise smartphone purchases in bid to lift spending (www.straitstimes.com)
from misk@sopuli.xyz to technology@lemmy.world on 03 Jan 2025 16:30
https://sopuli.xyz/post/21011359

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flamingo_pinyata@sopuli.xyz on 03 Jan 2025 18:39 next collapse

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

qyron@sopuli.xyz on 03 Jan 2025 19:37 collapse

The government says, they do.

dukethorion@lemmy.world on 04 Jan 2025 02:05 next collapse

I bet they are all on HarmonyOS…

hark@lemmy.world on 04 Jan 2025 03:40 next collapse

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

CosmoNova@lemmy.world on 04 Jan 2025 10:11 collapse

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