Apple to Launch iPhone Trade-in Program in China Soon

According to what people familiar with the matter claim, the guys from Cupertino may soon launch the iPhone trade-in program in China. Starting March 31st, the customers in this Asian country will get an opportunity to change their older iPhone in working condition for a gift card with a discount, which can be used when purchasing the newer smartphone. What is interesting about the trade-in program in China, the old devices will be traded to Foxconn, repaired and sold on the secondary market.

Chinese retail employees will determine the condition of the phone being traded in, and offer Apple Store credit to customers, Bloomberg reports. Devices that are traded in will be sold to Foxconn by Apple. The manufacturing partner will then make any necessary repairs and resell them through its own online outlets.

Apple’s trade-in program is currently available in the USA, the Netherlands, Canada, Australia, France, Germany, Spain, Switzerland, and Italy. Earlier this month, several new rumors appeared on the Internet, which suggested that Apple was planning to launch a similar trade-in program for Android device owners aimed at luring new customers.

Apart from the iPhone trade-in program, the guys from Cupertino also have the same program for the iPad. With time, it will be expanded to China as well, I guess.

[via 9to5Mac]