Samsung has posted results for the third quarter of this year. Clearly they reflect the company’s problems caused by faults smartphones Galaxy Note 7, the company was forced to withdraw from the market as a whole.
see also: 10 Chinese smartphones. The parameters will satisfy you, the prices will please.
Profit of the Korean giant in the 3rd quarter of 2016 is down 30 percent. compared to the same quarter a year earlier. Amounted to the equivalent of 4.5 billion dollars. In the last quarter amounted to $ 7 billion. Also in the second quarter of this year profit fell 36 percent.
However, the ultimate profit of the company (at least after taxes and other payments) decreased year-on-year by only 17 percent.
the Most acute decline is displayed in the mobile device. Removing Note 7 (a good model, the exact parameters) will cost Samsung up to 96 percent of the profits compared to the year 2015. Compared to the 2 quarter we are talking about the decline of 98%. The whole mobile segment brought Samsungowi in the last 3 months “only” 88 million dollars.
Although removing Note’ that 7 of the sales reflected in the quarterly results of the company, it is difficult to talk about the deadly impact. Samsung is too big a company to have one bad quarter for the mobile units was to expose her. Moreover, in other areas there is growth. Samsung is sleeping, however, and at the box office, is about 61 billion dollars in cash, what’s more, he added, in the last year, about 12 billion of this stack.
However, Samsung isn’t slowing down. A few days ago began the production of a new type of mobile processor. Made in the technology of 10 nm provides increased throughput by 30% while reducing energy consumption is 40 percent. The company has also confirmed that the emergence of a successor Note 7.
Temporary crisis may be favorable for consumers. Samsung, of course, will try to win back losses and trust. This can mean a better device and stop the growth of prices.
Firm must, however, especially for a monitor. The mobile division is, however, more than 1/3 of Samsung (if you look at the results in 2015). Another failure can be much more weighty.
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