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🧵 1. Huawei's trifold phone attracts Apple fans in Beijing, with many interested in the pricier device alongside the new iPhone models, CNBC reports. #tech
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🧵 3. Huawei aims to regain market position post-2019 U.S. sanctions, currently ranked 4th in China. Meanwhile, Apple drops out of the top five, Chinese players dominate.
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🧵 Read more at: https://www.cnbc.com/2024/09/20/huaweis-trifold-proving-popular-among-apple-iphone-fans-in-beijing.html
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🧵 2. Out of 10 people interviewed, 8 showed interest in both Huawei and Apple phones, highlighting the competitive market in China's smartphone industry.
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🧵 4. Price comparison: iPhone 16 starts at $799, Huawei's Mate XT at over $2,800. Secondhand, Mate XT sells for $7,100-$8,520, iPhone 16 for $10,500-$16,300.
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🧵 5. While Apple fans queued early for the new iPhones, no lines were seen at Huawei stores. Retail strategy and pricing differences attract varied consumer interest in Beijing.
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