cdmagurus.com
01-06-2017, 02:10 AM
The financial impact of the Note7 recall seems to be largely behind Samsung Electronics, which on Friday forecast that its profit has grown year-on-year by close to 50 percent in the fourth quarter.
A major proportion of the profit of the largest smartphone company is expected to come from components such as memory chips and display panels, rather than from smartphones, according to analysts, a shift that was noticed in the third quarter as well.
"They were fortunate that their memory and displays businesses could offset the doom and gloom resulting from the Note 7 debacle last quarter," said Bryan Ma, vice president for devices research at IDC.
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More... (http://www.pcworld.com/article/3155238/techology-business/samsung-expects-big-profit-despite-note7-crisis.html#tk.rss_all)
A major proportion of the profit of the largest smartphone company is expected to come from components such as memory chips and display panels, rather than from smartphones, according to analysts, a shift that was noticed in the third quarter as well.
"They were fortunate that their memory and displays businesses could offset the doom and gloom resulting from the Note 7 debacle last quarter," said Bryan Ma, vice president for devices research at IDC.
To read this article in full or to leave a comment, please click here (http://cdmagurus.com/article/3155238/techology-business/samsung-expects-big-profit-despite-note7-crisis.html#jump)
More... (http://www.pcworld.com/article/3155238/techology-business/samsung-expects-big-profit-despite-note7-crisis.html#tk.rss_all)