UPDATE 1-Apple’s new, lower priced iPhone draws tepid response in Asia

HANGZHOU, China/SEOUL, Sept 11 (Reuters) – Apple Inc’s new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available. The iPhone 11, launched on Tuesday for $50 less than last year’s base XR model, was met with a limp response from social media users in Asian markets that are dominated by Huawei Technologies and Samsung Electronics.

source https://finance.yahoo.com/news/1-apples-lower-priced-iphone-092945852.html?.tsrc=rss

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