“These high-end devices are not only competitively priced, starting predominantly at 3,999 RMB ($563), but also boast features akin to those found in premium smartphones,” Shah said. “This increased competition exerts pressure on both Apple’s older models and the base models of its new series.”
This is something I noticed. The specs on premium Chinese phones are comparable to flagship Apple or Samsung, but it's half price or less. I don't buy them since the opaque structure around cellphone ownership forces me to use the ones offered by my carrier unless I want to pay extra, but American and South Korean phones are already not competitive. Chinese phones are superior already and the gap's going to keep widening.