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  • LG benefits from Samsung’s Galaxy Note 7 fiasco
    LG benefits from Samsung’s Galaxy Note 7 fiasco
    Amid the ongoing Galaxy Note 7 crisis of its local rival Samsung Electronics, LG Electronics saw its shares rise 3.14 percent to 52,500 won (US$47.1) in early morning trading on Oct. 11.Samsung announced on Oct. 11 that it would temporarily stop selling the latest flagship smartphone at home and abroad amid the ballooning controversy surrounding the fire-prone Note 7.The decision sent Samsung’s shares down by 6.43 ...
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LG benefits from Samsung’s Galaxy Note 7 fiasco

Oct. 11, 2016 - 14:56 By 김영원
[THE INVESTOR] Amid the ongoing Galaxy Note 7 crisis of its local rival Samsung Electronics, LG Electronics saw its shares rise 3.14 percent to 52,500 won (US$47.1) in early morning trading on Oct. 11.

Samsung announced on Oct. 11 that it would temporarily stop selling the latest flagship smartphone at home and abroad amid the ballooning controversy surrounding the fire-prone Note 7.

The decision sent Samsung’s shares down by 6.43 percent to 1,572,000 won in early morning trading.



(theinvestor@heraldcorp.com)
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