cdmagurus.com
04-07-2017, 03:22 AM
The costly Galaxy Note7 debacle, which led to the recall of about 3 million smartphones because of overheating batteries, seems to be behind Samsung Electronics, with the company forecasting a 48 percent growth in operating profit in the first quarter.
Samsung has not had a new flagship smartphone on the shelves ever since it stopped production of the Note7 (http://www.pcworld.com/article/3130189/mobile/samsung-discontinues-galaxy-note7-after-battery-debacle.html) in October after replacement phones shipped by the company were also found in some cases to have the battery issue (http://www.pcworld.idg.com.au/article/613057/samsung-blames-batteries-from-two-makers-note7-explosions/). The company now has its hopes for the high-end of the smartphone market pinned on the new Galaxy S8 and S8+, which are expected to reach shelves later this month.
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Samsung has not had a new flagship smartphone on the shelves ever since it stopped production of the Note7 (http://www.pcworld.com/article/3130189/mobile/samsung-discontinues-galaxy-note7-after-battery-debacle.html) in October after replacement phones shipped by the company were also found in some cases to have the battery issue (http://www.pcworld.idg.com.au/article/613057/samsung-blames-batteries-from-two-makers-note7-explosions/). The company now has its hopes for the high-end of the smartphone market pinned on the new Galaxy S8 and S8+, which are expected to reach shelves later this month.
To read this article in full or to leave a comment, please click here (http://cdmagurus.com/article/3188273/smartphones/samsungs-profit-soars-after-recovery-from-note7-debacle.html#jump)
More... (http://www.pcworld.com/article/3188273/smartphones/samsungs-profit-soars-after-recovery-from-note7-debacle.html#tk.rss_all)