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Samsung earnings fall due to the Galaxy Note 7

The day awaited by investors arrived. Samsung released its financial results for the third quarter of the year where did you notice a considerable decline over the past two years. In the period from July to September 2016, South Korean manufacturer recorded income by $ 42 billion. Compared with the same quarter of the previous year, Samsung had a fall of 7.5% that is something like 3,400 million dollars.

The cause of the debacle was Galaxy Note 7 to be discontinued it ended up affecting the mobile devices division. The good news is that other areas of the business were good numbers, especially on the part of high-performance devices. Products such as televisions SUHD, Flash drives or screens OLED contributed so that the numbers were not so bad.

Samsung expects to recover and to close good year will continue pushing its Galaxy S7 and s7 edge. The manufacturer predicts that the results will be similar to those of the same period in 2015. For next year the gaze is set to the Galaxy S8, panels OLED flexible, SSDs and in the manufacture of chips under 10 nanometer process.

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