The mobile industry has long held that Samsung’s broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. But manufacturers’ recent earnings reports challenge those assumptions, at least in China, the world’s biggest mobile market. Apple’s latest quarterly results showed sales of its high-end phones in China grew at nearly twice the pace analysts had expected. Meanwhile, budget offerings from Chinese firms won at the cheaper end, effectively squeezing industry leader Samsung Electronics
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