Saturday, October 29, 2016

Samsung sees profits fall substantially after Note 7-fiasco – Hardware.Info

By , source: Samsung, Nextpowerup


The Galaxy Note 7, Samsung has clearly profitable for laid. Samsung knew the device, which suddenly flame could grasp, not to restore. Even after a recall was found the device is so dangerous, that Samsung the device from the market. This allows all production and development costs are lost. The profit is therefore clearly affected.

Samsung has released its financial results for the third quarter va 2016 announced. In total, the company has 4.7 billion USD profit turned. This is, however, compared to the same quarter a year earlier, a decline of 30%. Also, the turnover decreased by about 30% 42,03 billion USD.

The branch of the company that IT provides, like all of mobile communication devices, such as smartphones, saw its sales with 15%. The profit fell a whopping 95% to 87,8 million USD. This would be mainly with the Note 7. However, the figures that the Korean company enough overhead to despite a great blow still profitable, even in the field of smartphones.


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