Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Now is no time to add pressure on businesses: top executives

    Now is no time to add pressure on businesses: top executives
  2. 2

    CJ CheilJedang to spur overseas growth with new Hungary, US plants

    CJ CheilJedang to spur overseas growth with new Hungary, US plants
  3. 3

    Seoul to host winter festival from Dec. 13

    Seoul to host winter festival from Dec. 13
  4. 4

    Nationwide rail disruptions feared as union plans strike from Dec. 5

    Nationwide rail disruptions feared as union plans strike from Dec. 5
  5. 5

    Blackpink's solo journeys: Complementary paths, not competition

    Blackpink's solo journeys: Complementary paths, not competition
  1. 6

    N. Korea, Russia court softer image: From animal diplomacy to tourism

    N. Korea, Russia court softer image: From animal diplomacy to tourism
  2. 7

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
  3. 8

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
  4. 9

    Actor Song Joong-ki welcomes second child in Rome

    Actor Song Joong-ki welcomes second child in Rome
  5. 10

    Main opposition pushes to ease, not postpone, tax on crypto gains

    Main opposition pushes to ease, not postpone, tax on crypto gains
소아쌤

[URGENT] Samsung Electronics estimates Q3 operating profit at US$6.98b

By 김화균

Published : Oct. 7, 2016 - 08:43

    • Link copied

[THE INVESTOR] South Korean tech giant Samsung Electronics predicted on Oct. 7 that it's third-quarter earnings in 2016 may reach 7.8 trillion won (US$6.98 billion). 

It is a 5.55 percent rise on year amid the still ongoing global recall of the Galaxy Note 7 smartphone with a faulty battery.

Compared with the previous quarter, the July-September period profit is estimated to fall 4.18 percent. 

Sales are estimated to fall 5.19 percent on year to 49 trillion won

(theinvestor@heraldcorp.coM">theinvestor@heraldcorp.com)

More from Headlines