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Q4 12 Samsung Record Handset Shipments but Profits Under Pressure
Samsung’s global handset shipments grew by 25% annually in Q4 2012, well above the industry average. Its handset revenues surged to record levels as Samsung continued to deliver numerous hit models, from the high-end Galaxy Note2 phablet to the mass-market Galaxy Y. However, some growth indicators appear to have peaked due to competitive pressures from a resurgent Apple, with the iPhone 5, and surging Chinese vendors such as Lenovo.