Friday, October 14, 2016

Damages from Samsung for the Galaxy Note 7 will be three billion dollars – the Russian Newspaper

the South Korean company Samsung Electronics expects that losses from-for scandal with smartphones Galaxy Note 7 will be more than three billion dollars. About it reports TASS.

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it Was announced about the withdrawal from the world market 2.5 million of these smartphones after reports emerged about their risk of fire during charging. Samsung has announced that it will temporarily cease the manufacture, sale and replacement of smartphones, which was supposed to compete with the iPhone 7, the American Corporation Apple.

In the fourth quarter of the current year the losses will amount to two billion dollars, and in the first quarter of the following – one billion dollars. The company plans to normalize the situation in the smartphone market with the release of new models of Galaxy S7, Galaxy S7 edge.

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