Only if you are in the US. For the rest of us the price will probably drop.
If they are clever they make a version of the required services hosted in Europe and under European law. Many many people would buy that.
Having a smartphone (access internet, email etc) with camera is appealing, contributing to large surveillance corporations like Google, Facebook etc is not.
This will be a tiny minority of potential users.
To clarify I'm not in favour of one type or another, but it's unlikely China can have any influence over my life.