[New post] Samsung expects Q3 profits to rise despite Note 7 recall, helped by chip & display sales

Ben Lovejoy posted: " Samsung may be looking at a billion-dollar hit for the cost of recalling and replacing almost 2.5M faulty Note 7 devices, but it still expects to report increased year-on-year profits in Q3, up 5.5% on last year. The company has today issued earnings " Respond to this post by replying above this line New post on 9to5Google Samsung expects Q3 profits to rise despite Note 7 recall, helped by chip & display sales by Ben Lovejoy Samsung may be looking at a billion-dollar hit for the cost of recalling and replacing almost 2.5M faulty Note 7 devices, but it still expects to report increased year-on-year profits in Q3, up 5.5% on last year. The company has today issued earnings guidance of profits of around 7.8 trillion Korean won ($7B). It does, though, expect […] Read more of this post Ben Lovejoy | October 7, 2016 at 4:00 am | Categories: Google Corporate | URL: http://wp.me/p1w6tN-E1J Comment    See all comments Unsubscribe to no longer receive posts from 9to5Google. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://9to5google.com/2016/10/07/samsung-q3-financials-revenue-profits/ Thanks for flying with WordPress.com

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