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Apple dominates high-end market as Samsung’s smartphone business flounders

Samsung Electronics’ smartphone business has hit the rocks. In 2022, Apple captured eight spots in the list of top 10 best-selling smartphones, while Samsung managed to occupy only 2 spots with 2 entry-level models. Its premium, models such as the Galaxy S series, were nowhere to be seen. Samsung is urgently looking for a strategy to boost profits through high-end phones.