Post Profile

Samsung Slashes Profit Forecast Due to Galaxy Note 7 Recall

Samsung Electronics cut its preliminary third-quarter earnings forecast due to its Galaxy Note 7 recall, reflecting the widening financial impact of the product-safety crisis on the South Korean technology giant.
read more


Related Posts

Samsung earnings not stung by Galaxy Note 7 -- yet - CNET

Technology : CNET: News

Korean electronics giant expects slight rise in operating profit for third quarter, but that doesn't appear to include recall costs.

Samsung posts preliminary record fourth-quarter profit, eats HTC’s lunch

Technology : The Next Web Blog

Whilst smartphone rival HTC toiled in the fourth quarter of 2011, South Korean electronics giant Samsung posted preliminary record quarterly profits as it issued its preliminary earnings guidance today. Reuters reports that Samsung’...

Samsung Expects to Post Slight Gain in Operating Profit

Technology : Tech -

Samsung Electronics expects to report a slight gain in operating profit for the third quarter compared with a year earlier, even as the South Korean smartphone giant wrestled with a global recall of its premium Galaxy Note 7 smartph...

Samsung Slashes Profit Forecast After Pulling Plug On Note 7 Smartphone

News : Huffington Post

SEOUL (Reuters) - Samsung Electronics Co slashed its quarterly profit estimate by a third on Wednesday, soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failure...

After Galaxy Note7 calamity, Samsung cuts Q3 profits forecast by a third to $4.6 billion

Technology : Venture Beat

Samsung has today issued a revised earnings forecast for Q3 2016, 24 hours after the Korean electronics giant confirmed it was killing its flagship Galaxy Note7 smartphone after a spate of fires reportedly caused by the device. Last...


Copyright © 2016 Regator, LLC