The total profits of Samsung amounted to almost € 4.2 billion, a lot less than expected. The money was mainly earned by the divisions engaged in the production of components, such as screens and hard drives that are used in the phones and computers of other manufacturers.
Improvement
Samsung expects that the next quarter is already better. The South Korean giant wants to focus on the Galaxy S7 and S7 Edge, devices this spring release. They have to compete with the iPhone 7, 7 Plus and Google’s new Pixel-phone.
But according to a financial analyst will Samsung this year is not really of benefit. “I expected little of Samsung’s mobile division until the first quarter of next year,” he says to Reuters news agency.
Massive blow
It was a good year for Samsung. The phone maker presented in August with a lot of pride in the Note 7, a device that is very well received. But it soon became clear that the device spontaneously in fire could fly. At the beginning of september, the company decided 2.5 million copies back to call and to trade. But even that went wrong.
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