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  • [URGENT] Samsung Electronics estimates Q3 operating profit at US$6.98b
    [URGENT] Samsung Electronics estimates Q3 operating profit at US$6.98b
    South Korean tech giant Samsung Electronics predicted on Oct. 7 that it's third-quarter earnings in 2016 may reach 7.8 trillion won (US$6.98 billion). It is a 5.55 percent rise on year amid the still ongoing global recall of the Galaxy Note 7 smartphone with a faulty battery. Compared with the previous quarter, the July-September period profit is estimated to fall 4.18 percent. Sales are estimated to fall 5.19 ...
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[URGENT] Samsung Electronics estimates Q3 operating profit at US$6.98b

Oct. 7, 2016 - 08:43 By 김화균
[THE INVESTOR] South Korean tech giant Samsung Electronics predicted on Oct. 7 that it's third-quarter earnings in 2016 may reach 7.8 trillion won (US$6.98 billion). 

It is a 5.55 percent rise on year amid the still ongoing global recall of the Galaxy Note 7 smartphone with a faulty battery.

Compared with the previous quarter, the July-September period profit is estimated to fall 4.18 percent. 

Sales are estimated to fall 5.19 percent on year to 49 trillion won

(theinvestor@heraldcorp.com)
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