Samsung Electronics opens lower after scrapping Galaxy Note 7

Samsung Electronics opens lower after scrapping Galaxy Note 7
 

Shares of Samsung Electronics Co Ltd (005930.KS) opened weaker on Wednesday, touching a one-month low due to concerns about the firm's prospects after it decided to permanently end sales of its Galaxy Note 7 smartphones.
Samsung shares were trading down 3.1 percent as of 0004 GMT, compared with a 0.3 percent fall for the broader market, after touching their lowest level since Sept. 12.
(Reporting by Se Young Lee; Editing by Stephen Coates)
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12 October 2016 in Science &Technology, Views: 51
Source: Reuters
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