The head of IHC commented on the weakening position of Apple in China
Chinese businessman Duane Yongping (Duan Yongping) is the founder of Subor Electronics Industry Corporation and BBK Electronics Group, as head of the Board of Directors of which he is at the moment.
A few years ago about the BBK units that are called Oppo and Vivo have heard, mainly the people of China. Today, however, they are in the top five most successful providers of smart phones. And in China they were able to force Apple to leave the top three for the first time in years weakening their positions.
According to the head of BBK, the reason why the situation has changed so much in recent years, is that Oppo and Vivo to employ a strategy alien to Apple. We are talking about the issue of affordable smartphones with very attractive characteristics. The Duane Yongping absolutely sure that Apple will not change its pricing policy, as it may negatively affect sales of its devices in other countries.
Head LG calls Apple a very stubborn company that continues to sell in the Chinese market is overrun by cheap attractive models, the iPhone at prices comparable to the us.
The Duane Yongping is a fan of Apple, as well as the owner of shares of the American company.