The premium smartphone market is ‘collapsing’, but don’t blame it on Samsung or Huawei

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It’s no longer a big secret that smartphones in general are not selling as well as they used to, largely because companies have slowed the pace of innovation, failing to give customers compelling reasons to upgrade their devices every one or two years. But the situation is particularly dire in the premium market segment, which has apparently “collapsed” during the first quarter of 2019.
Global shipments of phones priced at $400 and up have taken an 8 percent hit compared to the same period last year, according to the latest Counterpoint Research report, which is obviously …

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