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Samsung Estimates $2.3 Billion Loss Over Galaxy Note 7 Troubles

The company slashed its third-quarter profit estimate by a third to absorb the hit from its decision to end production of the smartphone and recall millions of devices. [Source]

Publication Date:

Origin: nytimes.com

Category: Samsung Group

Topics: devices, millions, recall, smartphone, production, decision, absorb, third, estimate, profit, third-quarter, slashed, company, Troubles, Galaxy, Billion, Estimates, Samsung

Source: http://www.nytimes.com/2016/10/13/business/international/samsung-galaxy-note7-profit-battery-fires.html?partner=rss&emc=rss