It looks like there may be some good news for Samsung as its Galaxy Note 7 recall will apparently not affect its quarterly earnings for the quarter to the end of September.
The Galaxy Note 7 recall is expected to cost Samsung around $1.8 billion as the company has had to recall 2.5 million handsets.
According to a recent report, Samsung’s profits for the quarter will be around 5.6 percent or 7.8 billion which is about $7 billion, this is up on the same quarter last year.
Even though Samsung has had problems with its Galaxy Note 7 smartphones, the other parts of its business which include its chip and display business are doing well and have apparently generated half of their income for the quarter.
Source Engadget
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