Samsung operating profit drops 30% after Note 7 problems

Samsung's operating profit dropped 30% in the three months to 30 September following problems with the Note 7 smartphone.

Samsung operating profit drops 30% after Note 7 problems

The device had to be recalled, with some airlines banning it, after reports of the phones catching fire.

In the company’s third quarter results, it reported a 7.5% fall in revenue to 47.82tr Won (£34.2bn), compared with 51.69tr Won during the same quarter last year.

Operating profit decreased year on year from 7.39tr Won to 5.2tr Won.

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How easyJet transformed customer data into emotional anniversary stories
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1 How easyJet transformed customer data into emotional anniversary stories

To showcase innovation and good practice, Campaign is publishing the best case studies from the 2016 Marketing New Thinking Awards, held in association with Sky Media. EasyJet and Havas Helia triumphed in the Data Creativity category for their data-driven work on the airline's 20th anniversary.

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