Samsung Electronics loss of $ 3 billion

in technology •  8 years ago 

 

Samsung Electronics loss of $ 3 billion this quarter and the next due to the discontinuation of the Galaxy Note 7.

The company said Friday that due to the discontinuation of Note 7 is reduced by mid-2 trillion won revenue of the company from October to December and an additional 1 trillion won ($ 884 million) in January through March.

Because of mysterious ignition and overheating, twice sent to more than 2.5 million Optimus 7 smartphones, mostly in the United States and South Korea, before it discontinue two months after launch.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!