Samsung battles Chinese rivals with cheaper Galaxy smartphones

Samsung is trying to fend off a rising global threat from Chinese rivals with new cheap smartphones, targeting them first at urban youth in India's fast-growing market.  The South Korean company had dominated India since 2012 but was toppled last year by Chinese rival Xiaomi. Its position as global market leader is also under threat from another Chinese competitor, Huawei.
On Monday, Samsung unveiled two new devices in its flagship Galaxy series — the M10 and M20. The cheapest model will cost just $112 in India.
Samsung said in a statement that the smartphones were "designed ground up in the country for young millennials." They'll be available in India from February 5, before being rolled out in other countries. Samsung did not give a timetable for the global launch.