Despite the pickup in large-scale apparatus to model the Galaxy Note 7, after cases related to the explosion of the battery, the Samsung closed the third quarter with growth in operating profits, despite a decline in sales.
according To the Financial Times, the giant south Korean reveals that the preliminary data point to a rise of 5.6% in operating profits in the third quarter to 7.8 trillion Korean won (6,31 billion euros) in respect of the same period last year, despite estimating a fall of 5.2% in revenues.
Kim Young-soo, an analyst of SK Securities, advances to that publication that Samsung is in a growth phase “intact”. Sales of displays and semiconductors were identified as having compensated the impact of the problems brought by the Galaxy Note 7.
The costs of the return in mass of this equipment are not yet known, however, analysts cited by the Financial Times ensure that the company will have suffered a cost of around a billion dollars (897,3 million euros). The publication also states that Samsung disclose the final data for the quarter at the end of this month.
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