Strong results in its semiconductor division will allow Samsung to post better than expected fourth quarter operating earnings this year, in spite of the revenue lost when the Samsung Galaxy Note 7 was pulled from retailer's shelves. The phablet was on the way to becoming a very desirable and profitable device when several explosions related to the battery forced Sammy to recall the device twice, and eventually pull it off the market altogether.IBK Securities says that Samsung will report operating profit for the quarter of $7.24 billion USD. Half of it will come from semiconductor ...
No comments:
Post a Comment