Apple Raises iPhone Trade-In Prices In China To Fend Off Huawei, Xiaomi Amid Lagging Sales

To boost sales in China, Apple Inc. (NASDAQ:AAPL) has raised the trade-in prices for iPhones in the country. This move comes as the tech giant faces intensified competition from local rivals. What Happened: Apple has increased the trade-in value for the iPhone 15 Pro Max to 5,700 Chinese yuan…