Apple plans on selling lower priced models with iPhone X features in 2018?

According to a report published in China today, Apple will be using some of the technology found in this year's Apple iPhone X on next year's models that are rumored to have code names of Lisbon and Hangzhou. The report says that Apple is concerned about its market share in China, and believes that by offering many iPhone X features in a lower priced phone, it can help it recapture market share in the country.

Another website in Japan, Macotakara, expects the lower-end model would get a 10,000 yen ($90 USD) hair cut from this year's pricing. Next year's phones are all expected to include an OLED display, and the TrueDepth Camera. Face ID will also replace Touch ID on all 2018 Phone models next year.

With Apple facing stiff competition in China against domestic manufacturers like Huawei and Oppo, the iPhone still managed to add 4.3 percentage points to it's market share in the country during the three months ended in August. Apple's 17.7% slice of the pie badly lags behind Huawei's leading 31% share of the smartphone market in China during the same time period. The country remains the largest smartphone market in the world, but the $999 USD starting price for the 64GB iPhone X is sure to deter many Chinese consumers from buying the handset.

source: EconomicDaily (translated), Macotakara (translated) via AppleInsider