Wednesday, 28 June 2017

Samsung slashes Q3 forecast after scrapping Note 7

By Nick Wood, Total Telecom
Wednesday 12 October 16

Troubled electronics giant now expects operating profit to decline compared to last year.

Samsung on Wednesday cut its third quarter financial forecast, a day after it killed off its troubled Galaxy Note 7 smartphone. The Korean electronics giant expects revenue to come in at approximately 47 trillion won (&euro…

Samsung on Wednesday cut its third quarter financial forecast, a day after it killed off its troubled Galaxy Note 7 smartphone. The Korean electronics giant expects revenue to come in at approximately 47 trillion won (&euro…

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