Samsung has reported its earnings for Q3 2016, in which the company has made operating profit of 5.20 trillion won ($4.5 billion), down 29.6% YoY for the quarter that ended September 30, 2016. It reported revenues of 47.82 trillion won ($41.9 billion), down 7.5% year-on-year and net profit of 4.54 trillion won (US$ 4.0 billion), down 16.8%, compared with 5.46 trillion won a year earlier. Continue reading “Samsung mobile profits down 96% YoY in Q3 2016 due to Galaxy Note7 recall”