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Phonemakers pile in to exploit Samsung weakness

February 27, 2017

Via: Reuters

Phonemakers are piling in to fill a gap in the market left by Samsung (005930.KS), still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry’s biggest annual fair.

China’s Huawei [HWT.UL], the most likely contender to fill the hole in the premium end of the market, took the wraps off a new phone in its quest to displace Samsung as the world’s no. 2 smartphone maker after Apple (AAPL.O), during a rush of new product releases on Sunday ahead of this week’s World Mobile Congress.

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