Apple Launches iPhone and iPad Trade-In Program in China

Apple has launched an iPhone and iPad trade-in program in China, according to the South China Morning Post​. Starting from today, customers will be able to trade-in older devices for a credit towards the purchase of a new Apple device at one of the the company's eighteen retail stores in China.

"Apple Retail Stores in China are launching a new programme to assist customers who wish to bring in their previous-generation iPhone or iPad for recycling," spokeswoman Kitty Potter told the Post. "In addition to helping the environment, customers will be able to receive a credit for their returned iPhone or iPad that they can use toward the purchase of a new [device]."

The program covers all devices purchased in the Greater China region, which includes the mainland, Hong Kong, Macau and Taiwan. It's believed that Foxconn may be buying the used devices from Apple and repairing them for resale.

Notably, Apple recently expanded its Reuse and Recycling trade-in program to accept non-Apple smartphones, including Android devices, in the U.S.and select European countries. More details on that here.

It's estimated that about half the people buying iPhones are now trading in older phones to do so.

Read More [via Shihuy]