Published : Oct. 10, 2016 - 16:37
[THE INVESTOR] Local stock brokerage NH Investment and Securities forecast that the opportunity cost of the possible sales suspension of the Samsung Electronics' Galaxy Note 7 could reach 700 billion won (US$630 million).
The investment firm added Samsung would have to put focus on quality tests for the smartphone.
“Although the recall issue of the Note 7 will continue in the rest of the year, the firm’s semiconductor and display businesses will be able to improve its earnings,” said Lee Se-cheol, an analyst from the investment firm.
By Kim Young-won (wone0102@heraldcorp.com)