Tuesday, 11 October 2016

Forget $1 billion, Samsung could lose as much as $17 billion on terminated Galaxy Note 7 sales

Remember when the first Galaxy Note 7 recall was estimated to cost Samsung roughly $1 billion, which Koh Dong-Jin, the tech giant’s mobile division president, deemed a “heartbreaking amount”?It turns out those were still the days for the world’s most popular smartphone vendor, which somehow managed to offset initial losses incurred by the explosive ...

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The post Forget $1 billion, Samsung could lose as much as $17 billion on terminated Galaxy Note 7 sales appeared first on Pocketnow.



from Pocketnow http://pocketnow.com/2016/10/11/samsung-17-billion-loss-galaxy-note-7

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