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Tim Culpan

Premium Smartphones Are Booming

Demand for the most-expensive handsets is booming, as Samsung earnings show.

Samsung's blockbuster earnings Thursday gave voice to a growing whisper about a surprising trend in the global smartphone market.

While the general consensus has been that competition is weighing heavily on prices, pushing handset makers to cut in order to drive volumes, the reality is that there's real strength at the top end.