Apple's iPhone Duo faces price pressure in China's competitive foldable market
Source Summary
Apple's iPhone Duo has entered China's foldable smartphone market, where it faces competition from cheaper alternatives from Xiaomi and Huawei. Chinese consumers are focusing on the device's price relative to competing foldable options. The price comparison has complicated the reception of Apple's foldable offering in the region.
Why it matters
Price competitiveness is a critical factor determining Apple's market penetration in China's foldable segment, where local competitors offer lower-cost alternatives.
