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Apple products are considered luxury items and indicators of wealth in some parts of the world, but a report by research agency MobData suggests China is not one of those places: iPhone users in the East have been placed in a group dubbed the “invisible poor,” or “those who do not look as poor as their financial circumstances.” Chinese who make good money reportedly prefer Huawei and Xiaomi phones, followed by Oppo and Vivo handsets. “iPhone users earned the least monthly.”
Apple, the third-largest smartphone vendor after Samsung Electronics and Huawei Technologies, typically raises the price of its signature iPhones with each yearly launch. The expensive handsets have pushed many consumers, particularly those in emerging markets such as India, to cheaper alternatives, such as China’s OnePlus or Huawei’s Honor series.
Apple, the third-largest smartphone vendor after Samsung Electronics and Huawei Technologies, typically raises the price of its signature iPhones with each yearly launch. The expensive handsets have pushed many consumers, particularly those in emerging markets such as India, to cheaper alternatives, such as China’s OnePlus or Huawei’s Honor series.