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Samsung's bread-and-butter smartphone business has been facing significant headwinds of late, with its high-end products challenged by Apple's large-screen iPhones and its budget offerings facing competition from vendors such as Xiaomi and Lenovo. Now, the investment- which marks the company's largest initial spending on a semiconductor plant - could be an indicator the company is refocusing its growth strategy towards components, which is an area where it has competitive advantages owing to its...
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