The profits of Samsung sink with controversial Galaxy Note 7 – Jornal de Negócios – Portugal

After the controversy with the Galaxy Note 7, Samsung announced that it will improve the monitoring of their products to re-gain the trust of consumers around the world.

the reorganization of The company was announced in the capital of south Korean, Seoul, on Thursday, October 27, during the presentation of the results of the third quarter.

“our company has decided to suspend the production and sale of the Galaxy Note 7 for the safety of our customers. Taking advantage of this time, we will reorganize the various processes of check of the safety and quality of our products to ensure the products safe and reliable in order to become a most trusted mark for consumers,” said the leader of the brand, Kwon Oh-hyun, cited by Bloomberg.

The Note 7 was launched in August to combat the new iPhone, but the model was pulled from the shelves in October after the cases in which the batteries of the mobile phone sobreaqueceram and burned. The company also launched an operation for the replacement of the mobile phones, but these also sobreaqueciam when they were being loaded.

The cancel operation of the production and collection of the phones will pass a bill heavy on the technological south Korean: 4.800 million euros.

The third quarter results were affected precisely by the discussions with the Note 7. The profits derraparam 17% to us $ 3.9 billion, while operating income sank 30 percent and sales fell by 30%.

as for the revenues with mobile phones, accounts for more than 50% of total revenues, decreased 2.4 billion wons in Korean (1.9 billion euros) in 2015 to 100 billion won (80 million euros).

For the four-quarter forecasts are more optimistic. The company expects an increase in sales of mobile phones and tablets. The world’s largest producer of phones hopes to thus achieve a profit of 3.5 billion dollars.