Natalie Parkinson
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Samsung to launch two new high-end smartphones

Samsung Electronics Co. plans global launches of two new high-end smartphone models within the next six months to counter increased competition, a company executive said during an earnings call Thursday.

One model will have a large screen while the other will be built using "new materials," said Kim Hyun-joon, a senior vice president at Samsung's mobile communications business. He declined to go into details.