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Lenovo-Google Deal Adds to Samsung's Smartphone Worries

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Lenovo's plans to double mobile sales to 100 million units in 1 year is doable, says the chairman Mr. Yang. The effects this would have on Samsung's margins in smartphones.

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Samsung's margins get squeezed by competition from Chinese smartphone makers at the lower end of the market, and competition from Apple, Sony and other makers at the premium end as prices decline and demand decelerates. Share prices decline 20% in 2013 and another 5% by Jan 2014. This shows Samsung still depends on the volaile chip business.

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Waiting for Samsung's Murky Smartphone Future

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