Samsung estimated on Friday that the crisis tied to their phones Galaxy Note 7 that burst will cost you more than 3,000 million dollars in its operating result over the next two quarters, in the hope that the increased sales of your other mobile star cushion the blow.
This warning about the results comes two days after the announcement of the giant south Korean electronics is a reduction of one third in its forecasts of operational benefit for the third quarter, also linked to the fiasco of the Galaxy Note 7, the object of a disastrous operation replacement finally abandoned.
The production of the Galaxy Note 7 was suspended on Tuesday, two months after its launch, due to defects capable of causing the explosion that was destined to be a star product of the latest generation. The world’s leading manufacturer of “smartphones” also on Tuesday called for all distributors to stop selling the device in question.
Samsung ended up confirming the complete failure of this product to ask the millions of people who had bought into all the world to turned off as a security measure, initiative disastrous for the image of the firm that prides itself on the quality of their products in leading technologies.
in Addition to its losses in the third quarter, Samsung believes that the decision to stop the Galaxy Note 7 will continue to reduce their profit margins during the period of October to march, which includes the period of vacation, which is crucial for their sales.
“The negative impact is estimated to be between two and three trillion won (2,200 million$ ) fourth quarter of 2016 and one trillion won in the first quarter of 2017,” stated the giant south Korean electronics, in a press release.
“Samsung Electronics has the intention of normalizing their mobile activities to increase the sales of stellar models such as the Galaxy S7 and the Galaxy S7 Edge,” according to the same document.
Samsung called to withdraw at the beginning of September 2.5 million units of the Galaxy Note 7, a mobile oversized, because a number of copies burned or exploded. But devices replacement also began to swell, which led to Samsung to abandon the model.
The society’s fault to a defective batteries manufactured by a supplier that is not clarified, according to many observers, is its subsidiary Samsung SDI.
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