Friday, October 14, 2016

Samsung will lose 3100 billion of operating profit for the Note 7 – Forbes Mexico

Samsung is estimated to lose around 3,100 million dollars (mdd) in operating profit in the next six months by the withdrawal of your device Galaxy Note 7

through a statement, two days of which revised down its earnings forecasts for the third quarter of 2016, the signature south Korean noted that 2,200 mdd will be reflected in the last three months of this year, while in the period January to march of 2017, the loss is estimated at 880 billion.

to compensate For the losses, Samsung will expand the sales of mobile devices such as the Galaxy S7 and the S7 Edge, and made "significant changes" in its processes to ensure the quality in order to improve the safety of their products.

Yesterday, the central bank of South Korea adjusted down its forecast of economic growth for the next year, after considering the potential impact generated by the crisis, Note 7.

Here the details: Samsung "sets fire" to the economy of South Korea

The announcement of the giant south Korean is given while the users returned the devices, Note 7, for defects that can cause the explosion of the device.

on Tuesday the company announced that it will stop production of this device, which was launched last August as a mobile premium, plus will put an end to sales of the same throughout the world.

By now, the brand maintains a solid first place in the smartphone market among mexican users. According to data from The Competitive Intelligence Unit (CIU), the brand’s south Korean-controlled 30.9% of the market in Mexico, very far from the second place, LG, which has a 15.4% and followed at a distance by Apple in third place, with 12.4%.

Read also: Samsung still dominates the smartphone market in Mexico

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