Apple expects to finalize global price adjustments for the iPhone 17 series by late August 2026.
Supply chain sources report price increases will reach up to 1,000 yuan per model.
Rising component costs for memory chips drive the anticipated price hike.
The company previously raised prices for iPhones, Apple Watches, and AirPods in Japan on July 18.
Apple also increased Mac and iPad prices in China during June.
Apple shares rose on August 18 following the news, despite a broader tech sector decline.