4 sentences

1. 公司陷入了竞相降价的恶性竞争。

   gōng​sī xiàn​rù le jìng​xiāng jiàng​jià de è​xìng jìng​zhēng.

   The company is caught in cutthroat price competition.

   Source: Dong Chinese Dictionary

2. 这家商店正在降价清理积压的库存。

   zhè jiā shāng​diàn zhèng​zài jiàng​jià qīng​lǐ jī​yā de kù​cún.

   The store is slashing prices to clear out backlogged inventory.

   Source: Dong Chinese Dictionary

3. 为了清理库存，商店决定对旧款商品进行降价处理。

   wèi​le qīng​lǐ kù​cún, shāng​diàn jué​dìng duì jiù​kuǎn shāng​pǐn jìn​xíng jiàng​jià chǔ​lǐ.

   To clear inventory, the store decided to reduce the price of old stock.

   Source: Dong Chinese Dictionary

4. 随着新款上市，这款旧手机很快就降价了。

   suí​zhe xīn​kuǎn shàng​shì, zhèi kuǎn jiù shǒu​jī hěn kuài jiù jiàng​jià le.

   With the launch of the new model, this old phone quickly dropped in price.

   Source: Dong Chinese Dictionary