Samsung cuts Q3 operating profit guidance on Note 7 impact
Samsung Electronics Co slashed its quarterly profit estimate by a third on Wednesday, soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failures in tech history.
Oct 12, 2016, 15:23 PM ISTSamsung`s Q3 profit plunges to near three-year low
The third-quarter performance by the world`s largest manufacturer of smartphones and televisions followed a 20 percent drop in profit in the second quarter.
Oct 30, 2014, 06:11 AM IST