Major Chinese e-commerce platforms are offering steep discounts on Apple's iPhone 16 series, with cuts reaching 2,530 yuan ($351) on premium models, according to a recent Reuters report.

Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.

Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.