Apple, Foxconn want iPhone trade-in scheme in China - report

Thursday 26 March 2015 | 10:30 CET | News
Apple is hoping to soon introduce an iPhone trade-in programme in China, with the help of Foxconn, Bloomberg reported, citing sources familiar with the matter. Under the plan, customers will be able to take older iPhones to Apple stores in exchange for credit they can use to buy company products. The programme could launch by month-end, the sources said, asking not to be identified as the details are still not public. Foxconn will buy and re-sell the phones as part of the programme. Both Apple and Foxconn declined to comment. CEO Tim Cook has said China is poised to overtake the US as Apple's

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Categories: Mobile & Wireless
Companies: Apple / Foxconn / Taobao
Countries: China
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