Last updated April 5, 2020
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Expectations of a significant decrease in the prices of 4G phones in the coming months
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Ban Jiotang, a partner of Xiaomi’s industrial investment division, said the price of Android 4G phones will drop dramatically in the coming months.
He attributed Jyotang The expected decline is due to many factors, such as: the dramatic decline in the prices of (iPhone 11) phones in China, so Chinese phone companies want to remain competitive in light of the low prices of the iPhone 11.
With the rapid development of 5G networks in the country, and the number of phones that support this technology increasing day by day, the fourth generation phones will become less attractive to users, who can get a mid-range phone that supports 5G, or even iPhones at a competitive price.
A third reason for price cuts is believed to be the outbreak of the Coronary Virus (COVID-19) COVID-19, which has led to stagnation in the smart phone market in major markets such as Europe, North America, and South America. So it is important for these companies to stay competitive at times like this.
As for why Apple lowered the prices of the iPhone 11 series in China, it may be because sales are not so great given the epidemic, and the company is preparing to launch the next generation of iPhones later this year.
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