Re:Samsung to Permanently Discontinue Galaxy Note 7 Smartphone
by catdog on Tuesday October 11, 2016 @01:17PM
(#12686364)
I agree with the disagreement, we are also not talking about some one trick pony which solely depends on successfully selling this thing. Samsung as a whole and even the consumer electronics part alone is a massive and diversified conglomerate. They should be easily able to swallow the financial losses of such a failure in a single product category and let it survive during a bit of a lean period until customers regain trust which may even be not that long.
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Re:Samsung to Permanently Discontinue Galaxy Note 7 Smartphone
by hkmurakami on Tuesday October 11, 2016 @07:58PM
(#12689464)
Samsung's profits are dominated by its mobile unit, which has given the division much increased power within the overall organization. (I was employed by a supplier to Samsung mobile, by even without that this is public knowledge).
The rest of the company has much thinner margins. This undeniably hurts their business.