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Reliance Jio has a big surprise for those interested in buying Apple's iPhone 8 in India. Jio will buy back Apple Inc's latest iPhone models from its customers within a year for 70 percent of the retail price of the smartphone, the company announced on Friday. Reliance chairman Mukesh Ambani's son Akash Ambani said the buyback offer would be available for customers of iPhone8 or iPhone 8 Plus through Reliance Digital, Jio.com or the Jio Store. Under this scheme, users will receive 70 percent of the purchase price of the devices upon using it with a Jio SIM card and returning it after a year. In other ways, this buyback scheme allows iPhone users to get 70 per cent of their money back when they upgrade to next iPhone.The buyback offer is valid for one year. This partnership between Apple and Jio brings two companies that have revolutionised their respective industries, because we both think customer first," said the Ambani scion. Chairman of Relianc

Financial News As the launch date of iPhone is nearing, a new leak has reportedly "confirmed" the iPhone 8 's brand new design. Following several leaks about Apple's controversial yet virtually bezel-less redesign, OnLeaks has obtained detailed iPhone 8 dummy models which confirm that the devices to be launched in September would have an elongated 18.5:9 aspect ratio like the Galaxy S8 and Galaxy S8 Plus, Forbes reported. It would also reduce bezel sizes to just 4mm on all sides and feature a vertically aligned rear camera, the report added. The rear dual-camera system on the iPhone 8 would protrude more than ever before. Earlier leaks have suggested design changes in detail. They also pointed out that the 2017 device would have an all-display front with fingerprint scanner moved to the back. According to a revelation by Chinese site iPhoneros, the iPhone 8 would compete with the likes of Samsung Galaxy S8 and LG G6 displays. More News