Friday, October 14, 2016

Samsung predicts large profit losses following exploding battery crisis

Troubled Korean electronics company Samsung says its profits will be hit by more than three billion US dollars over the next six months because of its exploding phone crisis.

The prediction comes as the company's share price has fallen, but as John Clarke reports, the company is still expected to remain profitable.

IN: "The withdrawal of...
OUT: SOC
DUR: 36"