China’s top smartphone makers are ready to challenge Apple Inc on its home turf after trouncing the iPhone maker in their own market. These subsidies or discounts have gone away, as carriers moved to phone financing that spreads costs over two years. Chinese rivals often sell phones far cheaper. The US phone market is dominated by Apple and Samsung Electronics Co. ZTE Corp, another Chinese phone maker and thus far one of the most successful in the US, sells its dual-screen Axon model in the US via a deal with AT&T.

Source: The Star December 15, 2017 06:56 UTC