Smartphone brands are heading for extinction in 2016. The industry's growth rate dipped below 10 per cent this year. Apple and Samsung's high-end phones are taking most of the spoils, while upstarts like China's Xiaomi are picking up first-time buyers. Loss-making brands from HTC to Sony may be forced to conclude the game is over. The smartphone industry grew at a single-digit rate this year for the first time, according to data from IDC. Just two years ago, the industry was expanding at a breakneck 40 per cent. Demand from China - the world's largest handset market and ...
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