Its net profit in July-September fell 16.8% year-on-year up to 4,54 billion won (3,660 million euros, 3.995 billion), and operating a 29.6 % up to 5.2 billions of won (4.190 million euros, 4.575 million dollars).
sales amounted to 47,8 billion won (38.500 million euros, 42.000 us $ million), a decrease of 7.5% year-on-year, according to the results sheet for the third quarter released today by the company, which does not publish data accumulated until the end of the year.
The slump of Samsung Electronics after three-quarters of the upward responds to the problems of Note 7, which led to the division of mobile telephony to publish their benefits lowest since the launch of the Galaxy series in 2009.
Specifically, the operating profit of this division-the unit with more weight of Samsung- fell 96% year-on-year July-September 100,000 millions of won (806 million euros, to 880 million dollars).
The company announced a call for massive revision of Note 7 in September, shortly after his departure to the market in the previous month, due to several cases of fire in the devices and in October, decided to permanently withdraw the model to persist the problem.
Samsung estimated losses of 6.1 billion won (about 4.892 million euros, 5.384 million dollars) between July this year and march next because of the crisis of the Galaxy Note 7, that also threatens to deslucir the sheet of results for the last quarter of the year.
This concern was evident in the meeting of shareholders held today, in which the company has been committed to "to comprehensively review all aspects of the device", according to the co-ceo and former chief of the division of mobile J. K. Shin, to find the problem and not repeat the error in future models.
Shin revealed today that of the more than 300 cases of ignition in all the world of the Galaxy Note 7 the majority were caused by the battery, as indicated by Samsung at the beginning, but the rest is produced by causes still unknown.
The margin of the problematic phone "phablet", today’s event served to the shareholders to approve the incorporation to the board of directors of Lee Jae-yong, vice-president and the heir of a conglomerate family founded by his grandfather Lee Byung-chul in 1938.
the nomination of The baron of 48 years, which according to experts is the one who moves the threads of the ongoing restructuring of the business network gives him the responsibilities of an official in the greatest of his enterprises, Samsung Electronics.
on the other hand, underlined the enormous weight taken on the last quarter by the division of semiconductors, contributed in a crucial way to revive the company in full threat of collapse by the disaster in Note 7.
This unit earned an operating profit of 3.37 trillion won (2.720 million euros, 2.970 million dollars), while the division of display panels (screens) also contributed to 1.02 trillion won (823 million euros, 897 million dollars).
For the last quarter of the year, Samsung expects a rebound in their profits by increasing the demand for their "smartphones" Galaxy 7 and 7 Edge in the high season of holiday shopping and the output to the market new models of ranges medium and low.
the bad results of The third quarter, and fell by surprise on the stock exchange of Seoul.
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