Friday, October 14, 2016

Samsung has estimated the damage from the cessation of production of Galaxy Note 7 – RBC

Galaxy Note 7

Photo: Reuters/Pixstream

Samsung Electronics is estimated at $ 2.6 billion (about 3 trillion Korean won) negative effect on operating profit in the fourth quarter of 2016 and first quarter 2017 due to the cessation of sales of the smartphone Galaxy Note 7, reported on the website of the company.

Previously, Samsung Electronics has revised its forecast for third-quarter results in connection with the termination of sales. The manufacturer expects total sales to reach around 47 trillion won ($ 41.5 billion) versus the old forecast of 49 trillion won. Operating profit in the third quarter is projected to be $ 5.2 trillion won ($ 4.6 billion) instead of the expected 7.8 trillion won.

Samsung began selling the Galaxy Note 7 in August 2016. But in September he had to withdraw 2.5 million smartphones around the world due to problems with the battery which overheated and sometimes caught fire. On 11 October the company announced that it would stop production and sales of Galaxy Note 7 due to security threats to users. The device was sold in several countries, including the US and the UK. In Russia the official launch did not take place.

the Manufacturer also announced that it plans to normalize mobile business, increasing sales of flagship Galaxy S7, Galaxy S7 edge. The company has promised to focus on strengthening food safety.

Samouskorenie Galaxy Note 7

Photo: Joni Gantz Barwick via AP

LikeTweet

No comments:

Post a Comment