Explosion incident turns the device Samsung Galaxy Note7 long effect for the South Korean company. Profit Samsung reportedly dropped in the third quarter.
Previously, Samsung mobile has always contributed more than half of Samsung's total revenue. With the case, Samsung's total revenue amounted to only US $ 3.9 billion. This figure seventeen percent lower than last year's acquisition of US $ 4.6 billion.
In one occasion, Co-Chief Executive Samsung, Shin Jong-Kyun said the apology petition on to shareholders and the top case of the Samsung Galaxy Note7. Shin revealed that around 300 incidents were recorded against the Galaxy Note7- largely due to battery problems.
He said that it was with the regulator and the number of parties were analyzing the incident that led to the burning of a number of Samsung's flagship product.
Despite the downturn, the company is optimistic about the future of Samsung's mobile division. In the next quarter, Samsung expects its profits will recover as before. She targets will reach US $ 2 billion.
Meanwhile, quoted by USA Today, an increase in sales of memory chips and OLED component, which is used as a display device, helping to offset the decline of mobile business lines. The line contributed revenues of about eighty percent in the last quarter. In anticipation of rising demand, Samsung has prepared approximately US $ 2.37 trillion to manufacture OLEDs and chips.
Furthermore, Samsung will focus on expanding sales coverage of the latest flagship product that will be present in 2017. In addition, it also will strengthen the capabilities of solutions like KNOX, Samsung Pay, as well as a number of services related to cloud and artificial intelligence, as quoted on the official website of Samsung.
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