Samsung today announced that it estimates to lose mid-3 trillion won ($3.1 billion approx.) in operating profit from the fourth quarter of 2016 through the first quarter of 2017, due to the discontinuation of Galaxy Note7. Continue reading “Samsung expects $3 billion impact in profits up to Q1 2017 after killing Galaxy Note7”
Tag: Samsung Note7
Samsung Galaxy Note7 production reportedly halted, AT&T, T-Mobile and Verizon stop sales
Samsung has halted production of Galaxy Note7 smartphone temporarily, according to Korea’s Yonhap News, amid new reports that more replacement units have caught fire. Continue reading “Samsung Galaxy Note7 production reportedly halted, AT&T, T-Mobile and Verizon stop sales”