https://wccftech.com/iphone-8-price-cuts-chinese-vendors/

Both the iPhone 8 and iPhone 8 Plus come with an unchanged design, with several exclusive features belonging to the iPhone X. Naturally, consumers who didn’t purchase the previous two models have been gunning for the bezel-less flagship for quite some time now and in this act, Chinese vendors have been forced to slash the price of the iPhone 8 in order to lure the customer in.

Thanks to the hype the iPhone X has created worldwide, it will be considered as a double-edged sword for Apple as sales of both the iPhone 8 and iPhone 8 Plus are down. To counter this slump in sales performance and to lure the customers in, Chinese vendors have slashed the price of Apple’s iPhone 8 by up to a fifth in a last-ditch effort to reel in customers.