Where the third quarter of 2016, for Samsung, dramatic, has the South Korean company is there in three months then back on worked. The fourth quarter is the most profitable in three years time.
The profit was converted at more than euro 7.3 billion and the turnover was almost 42,6 billion euro. Thus, profit increased more than 50 percent compared to the same quarter in 2015.
No phones, but chips
Samsung says that this is due to his componentendivisie, where in particular memory chips and displays are made. In addition, the strong dollar, the company is also good.
The smartphonetak of the South Korean group has in the fourth quarter were also restored. Was the profit in the third quarter almost disappeared, the last three months of 2016 that came out at 1.9 billion euros.
The profits was higher than in the same period in 2015. According to Samsung this is due to the popular Galaxy S7 and S7 the Edge and cheaper devices such as the A – and J-lines. The turnover was lower than in 2015.
Despite these good figures, Samsung still suffer from the hangover that the Galaxy Note 7 has caused. According to estimates, the fiasco with the fire phone the manufacturer more than 4.6 billion euro cost.
Challenge Samsung
Yesterday, the company’s results of his research into the problems with the Note 7. The two battery’s that are used to prove the cause. That was already expected. The question that remains is whether Samsung has done to this debacle the next time to avoid. It is doubted.
The company will in the coming months in any case do everything to make the confidence back to win. So is the presentation of the Galaxy S8 postponed, likely to additional testing to be able to do with the first flagship since the Note 7.
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