Samsung's smartphone division struggled to breakeven between July and September as sales plunged due to the recall of its high-end Note 7.
The smartphone giant said quarterly sales in its IT and Mobile Communications division were down 15 percent-on the same period last year to 22.5 trillion Korean won (US$19.8 billion) while operating profit crashed 95 percent to 100 billion won.
Problems with the Note 7 starting hitting sales shortly after it went on sale in mid-August. By early September, reports that several units had caught on fire prompted Samsung to begin a costly recall and replacement program. When it became clear that the replacements had the same problem, Samsung pulled the phone for good.
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