Analysts say Samsung won’t be able to compete with Apple in the premium market.
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For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market.Margins at Samsung's mobile division fell to 10.6 percent from 15.5 percent a year earlier during the second quarter of 2015, despite the April launch of its critically acclaimed Galaxy S6 range.Nomura forecasts the smartphone market will grow from $276 billion last year to $315 billion by 2017, far larger than the DRAM and NAND memory chip markets where Samsung competes.Further, the mobile division will remain an important client for Samsung's components businesses.
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