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  World News 
14 of October, 10:47

Loss Samsung for the Galaxy Note 7 has exceeded $5 billion
Loss Samsung for the Galaxy Note 7 has exceeded $ 5 billion, the Firm said this week that it would stop production of smartphones Galaxy Note 7.

This step was taken after the new smartphones began to ignite. The company promised customers that the replacement of the smartphone will solve the problem but it did not help.

Analysts have decided that a waiver of the Galaxy Note 7 is popitka to maintain its brand image and reduce sales of other smartphones. But the company still comes to an agreement about the financial damage from a whole line of products.

But even more losses ahead. The decision to abandon the Galaxy Note 7 will cost Samsung $9.5 billion from lost sales and will create a hole of $ 5.1 billion in profits from this month and at the end of 2017. The company's shares fell by about 8% since the beginning of the week.

Samsung is still trying to figure out what caused the fire in the smartphones. He recalled 2.5 million phones in early September, blaming faulty battery. He promised then that the replacement device will resolve the problem.

But reports emerged that the spare smartphones also ignite, which forced Samsung to completely abandon the product.

sections: World News, Economics, Accidents

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