Friday, January 6, 2017

Samsung expects record despite fiasco Note 7 | NOW – The … – NU.nl

The Korean company expects the highest quarterly in three years time, reports Samsung Friday compared to Reuters.

Samsung writes the expected profit of 9.2 trillion won (7.3 billion euro) on strong sales of memory chips for higher prices. Also, there are more copies of the Galaxy S7 sold.

Troubleshooting Note 7

The expectation of record is surprising after the fiasco surrounding the Galaxy Note 7. When Samsung in October stopped the production and sale of the ontvlammende smartphone, expected the company to make a sling of 2.7 billion euros. In October, it was therefore the profit forecast for the last quarter of 2016 have been revised downward.

Although the profit for the year of Samsung due to the problems with the Note 7 probably will be lower, and restores the company still faster than analysts had expected. For 2017, predict analysts recordinkomsten, as long as Samsung of are Galaxy S8 is a success.

Samsung makes its quarterly figures over the fourth quarter of 2016 until the end of January known. Also this month, probably a research study into the cause of the problems around the Note 7 is presented. At the end of February during the Mobile World Congress in Barcelona the presentation of the Galaxy S8 is expected.

By: NU.nl

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