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News
Samsung profit
Samsung profit News
Samsung
27 Oct 2016
Galaxy Note 7 recall dents Samsung quarterly earning; Q2 profit down 17%
Samsung Electronics reported a sharp fall in its quarterly earnings on Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit.
Samsung Electronics
14 Oct 2016
Samsung sees further $3 billion profit hit from Galaxy Note 7 crisis
Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.
Samsung Galaxy Note 7
11 Oct 2016
Samsung halts production, global sales of Note 7
Samsung today suspended all production of its Galaxy Note 7 smartphone, halted sales worldwide and told customers to stop using the device, following reports that replacements for combustible models were also catching fire.
Samsung Electronics
30 Jul 2015
Samsung Electronics posts 8% fall in Q2 net profit
South Korean giant Samsung Electronics posted an 8.0 percent fall in second quarter net profit on Thursday and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings.
Samsung Electronics
30 Jul 2015
Samsung posts $5.9 bn operating profit in Q2
Revenue slid 7.29 percent from a year earlier to 48.54 trillion won in the quarter, and net income fell 7.97 percent to 5.75 trillion won.
Samsung Electronics
07 Jul 2015
Samsung Electronics flags 4.2% drop in Q2 profit
In an earnings estimate, the giant South Korean smartphone and memory-chip maker predicted operating profit of around 6.9 trillion won ($6.1 billion) for the April-June period, down 4.2 percent from a year earlier.
Samsung Electronics
07 Apr 2015
Samsung Electronics flags 30.5% drop in Q1 profit
Samsung Electronics on Tuesday flagged better-than-expected profits for the first quarter, with rising demand for memory chips helping offset slumping smartphone sales.
Samsung Electronics
04 Dec 2014
Samsung mobile executives to leave after profit slide
Three deputies to the head of Samsung Electronics Co Ltd`s mobile division are leaving, a person with knowledge of the matter said on Thursday, as the world`s largest smartphone maker faces a rapid decline in profit.
Samsung Electronics
30 Oct 2014
Samsung`s Q3 profit plunges to near three-year low
The third-quarter performance by the world`s largest manufacturer of smartphones and televisions followed a 20 percent drop in profit in the second quarter.
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