- The Wall Street Journal•8 minutes ago
Samsung Electronics said its net profit fell 16.8% to $4 billion in the third quarter, hurt by the recall and eventual discontinuance of its premium Galaxy Note 7 smartphone.
- CNBC•21 minutes ago
Samsung Electronics reported operating profit of $4.5 billion after its components business helped offset the hit to the mobile unit.
- Reuters•42 minutes ago
Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest in nearly eight years. The world's top smartphone maker saw its mobile earnings plunge 98 percent from a year earlier to its lowest since the fourth quarter of 2008, barely avoiding its first-ever loss and dragging the firm's overall profit to a two-year low. Samsung said July-September operating profit was 5.2 trillion won ($4.57 billion), matching its revised guidance.
Samsung Electronics Co. Ltd. (BC94.L)
LSE - LSE Delayed Price. Currency in USD
|Day's Range||729.00 - 729.00|
|52wk Range||729.00 - 60,400.00|
|1y Target Est||N/A|
|P/E Ratio (ttm)||12.39|
|Avg Vol (3m)||73,983|
|Dividend & Yield||N/A (N/A)|