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Samsung Q3 sales to decline to KRW 49 trillion

2016-10-07 09:47:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has announced its earnings guidance for the third quarter of 2016. Samsung expects to reach consolidated sales of nearly KRW 49 trillion in the third quarter, down from a reported KRW 51.68 trillion in the year-earlier period. The company also expects an operating profit of around KRW 7.8 trillion, up slightly from KRW 7.39 trillion a year ago. In the second quarter of 2016, Samsung saw its sales reach nearly KRW 51 trillion, while operating profit amounted to KRW 8.14 trillion. The company will report full quarterly results at a later date.

Tags: sales samsung decline trillion

 

Samsung 'expects profits rose' despite Note 7 recall

2016-10-07 03:01:26| BBC News | Business | UK Edition

Samsung Electronics says it expects its operating profits rose by 5.6% in the third quarter, despite the global recall of its Galaxy Note 7 smartphone.

Tags: note rose samsung recall

 
 

Samsung shares jump on shake-up proposal

2016-10-06 09:20:25| BBC News | Business | UK Edition

Shares in Samsung Electronics hit a record high after activist investor Elliott Management proposes a radical corporate shake-up.

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Samsung takes over AI pioneer and maker of Apple's Siri

2016-10-06 03:25:59| BBC News | Business | UK Edition

Smartphone giant Samsung steps up its focus on artificial intelligence (AI) by taking over Viv, a new digital assistant developed by the maker of Apple's Siri.

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Love (or Hate?) Your Note 7? Samsung Wants You to Appear in an Ad

2016-10-05 23:02:49| PC Magazine Cell Phones Product Guide

A Chicago casting company posted a call for current and former Note 7 owners to "share their experiences."

Tags: in you note love

 

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