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Samsung Sees $3.1 Billion Impact in Fourth and First Quarters From Galaxy Note Debacle

Samsung Sees $3.1 Billion Impact in Fourth and First Quarters From Galaxy Note Debacle
Samsung Electronics expects a total hit in operating profit of about 3.5 trillion Korean won ($3.1 billion) in the final quarter of this year and first quarter of next year due to the discontinuation of its Galaxy Note 7 smartphone.
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