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China vendors cut iPhone 8 prices before iPhone X launch

Buyers can now snap up Apple's new iPhone 8 Plus and iPhone 8 models at discounts

Apple iPhone 8
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Apple iPhone 8

Reuters
Chinese vendors have slashed the price of Apple’s iPhone 8 by up to a fifth in a bid to lure customers amid sluggish demand ahead of the launch of the technology giant’s much-anticipated iPhone X on Friday. 

Buyers can now snap up Apple’s new iPhone 8 Plus and the more basic iPhone 8 models at discounts of between nearly 14 per cent and 20 per cent in mainland China, where iPhones have been known to change hands for as much as four times the price in Hong Kong. 

The move comes as data from research firm Canalys shows Apple’s China smartphone shipments

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