Samsung Electronics loss of $ 3 billion

in #technology8 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.

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