At Samsung, strong Q3 chip sales to ease sting of Note 7 hangover
Scarred by the global recall of its flagship smartphone, Samsung Electronics Co is set to report on Friday it still expects a small rise in third-quarter profit, analysts say, with healthy sales of memory chips and displays easing the pain.
Lost sales and expenses tied to the recall of at least 2.5 million Galaxy Note 7 handsets to fix battery problems could cost the firm nearly $5 billion this year, some analysts have said. That could sap momentum from a nascent recovery in Samsung's mobile business, an underperformer in recent years.
But a pickup in the memory chip market, led by demand... read more
- 01:28 Clive Betts: Now is the time to allow ‘safe standing’ in football...
- 01:26 Sunderland schoolgirl takes part in rare sea baptism in South Shields
- 01:26 Hundreds turn out to mark Armed Forces Day in South Shields
- 01:23 Mexico town's entire police force detained after murder
- 01:23 Clive Betts: Now is the time to allow ‘safe standing’ in football...
- 01:20 Is Kirklees a dinosaur?
- 01:20 $esc.html($content.name)
- 01:12 Surprise as DNA reveals new group of Native Americans: the ancient...
- 01:05 Clive Betts: Now is the time to allow ‘safe standing’ in football...
- 01:01 Clashes in Nigeria between farmers and herders kill 86
- 01:00 Baroness Sugg: Heathrow expansion will benefit all of UK
- 01:00 Jayne Dowle: Time to ban mobile phones from the classroom
- 00:54 The Yorkshire Post says: Back into battle. Treatment of military...
- 00:54 The Yorkshire Post says: Yorkshire’s future. Dan Jarvis leading...
- 00:54 Peter Gordon's panna cotta with balsamic blackberries recipe
- 00:54 The Yorkshire Post says: A new deal for rural Britain? Don’t write...
- 00:53 MPs gear up for crunch Heathrow vote without Boris Johnson
- 00:52 Train passengers stranded in Glasgow for nearly two hours due to...
- 00:52 Thousands descend on Edinburgh for Cancer Research Race For Life
- 00:47 Sir Philip Green came close to acquiring M&S in 2004, book claims
- 00:47 Little green bag: Morrisons turns to paper in war on plastic
- 00:47 Single first-time buyer in London needs 17 years to find 15%...
- 00:47 Ofgem appoints economist Martin Cave as chairman
- 00:42 Barrow model train club offer free days to local disability groups
- 00:38 Mental health services for the young is NHS's 'silent catastrophe'
- 00:36 The $5bn tech boss who grew up without electricity
- 00:35 Ministers shake up contract bidding rules
- 00:34 Paper bags for fruit and veg return to Morrisons in bid to cut down...
- 00:34 ‘World’s biggest pizza’ contains 11,000 calories and is four-foot wide
- 00:29 England show best of rugby league in dazzling Denver defeat of New...