The story is about the Note 7 specifically and Samsung Mobile in general, they have basically wiped out their entire profits for Q3 2016, that is the story, not that Samsung Semi Conductors are having to bail out Samsung Mobile in the profits made by Samsung Group, if Samsung Mobile had made their 4.6bn profit it would mean Samsung Group's profits would have been 4.6bn better.
How hard is that to understand?
I don't usually humour the dense of mind, but will make an exception, I use a Samsung Galaxy on a daily basis and have had every Galaxy model from the original to the s6 and every Note from the original to the Note 4...
Now, take your delusional head and give it a good hard shake
"Moorhead said the untimely demise of the Note 7 would not hinder Samsung's holiday season sales because it contributed only a small percentage of overall volume. "I think what people forget is just how small of a percent [the Note 7 sales] is and that's why we are not going to see the big hit in the fourth quarter," he said.
The majority of Samsung's handset sales come from its flagship Galaxy S7 and S7 edge handsets, as well as from its mid-tier Galaxy A and J series."
https://www.google.co.za/amp/www.cn...-by-components.html?client=ms-android-samsung
Not as gloomy as you'd like it to be, sorry bud.
The disaster happened, they took a hit, they still have products showing solid sales, they still turned a profit and they have a way forward.
He hit the nail on the head here and explains exactly what I'm saying:
"The latest numbers showed Samsung was not "a one-trick pony", Patrick Moorhead, president and principal analyst at Moor Insights & Strategy, told CNBC's "Squawk Box."
"They are a major portfolio player not only in smartphones but also across components and displays [and] that is exactly what we're seeing today," he said."
Yes, the mobile division took a huge loss, they knew it was going to happen and they made it clear it would, but they had a way forward and still have a great product line-up.
No need to insult me, we are two grown adults, are you not able to handle a little discussion without having a tantrum and insulting others?