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Tuesday 19 August 2025
Last Updated : GMT 05:17:37
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Note 7 smartphone

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Note 7 smartphone

Samsung sees further $3 bn profit hit from Note 7 crisis

Emiratesvoice, emirates voice Samsung sees further $3 bn profit hit from Note 7 crisis278294/233
Washington - Emirates Voice
Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.  The profit warning came two days after the South Korean electronics giant slashed its operating profit for the third quarter byRead more

Samsung shares slump after consigning Note 7 to history

Emiratesvoice, emirates voice Samsung shares slump after consigning Note 7 to history210109/87
London - Arab Today
Samsung Electronics scrapped production of its doomed Note 7 smartphone on Tuesday, sparking a fresh collapse in its share price, as global markets struggled to maintain an oil-fueled rally. Stock in the world’s biggest smartphone maker tumbled eight percent, sending Seoul stocks sliding 1.2 percent after it told customers to stop using their Galaxy Note 7 devices and called aRead more

Samsung crisis highlights S. Korea's 'chaebol' business culture

Emiratesvoice, emirates voice Samsung crisis highlights S. Korea's 'chaebol' business culture210073/318
Seoul - Arab Today
Samsung's corporate car-crash over its exploding Note 7 smartphones has shone a spotlight on South Korea's "chaebol" business culture -- the family-run empires whose rigid corporate structure and opaque governance style aren't always best suited to a crisis. Giant conglomerates like Samsung and Hyundai were widely credited with driving the stellar growth that transformed South Korea from a war-ravaged backwaterRead more

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