Tags - losses


In what was the worst quarter for Samsung Mobiles in the last two years, the tech giant has experienced a decrease of 96% in operating profits in Q3 2016, as compared to Q3 2015. It doesn't take a genius to guess that the recalling (twice) of the Galaxy Note 7 and its subsequent discontinuation due to mysterious hazardous threats that it posed to the customers are the main culprits behind such a disastrous financial quarter. That being said, Samsung is still the number one smartphone manufacturer in the world and significantly ahead of Apple, with a market share of twenty percent in the quarter!


According to Melissa Chau of IDC, "Samsung's market dominance in the third quarter was unchallenged in the short term even with this high-profile Galaxy Note 7 recall, but the longer term impact on the Samsung brand remains to be seen."


"If the first recall was a stumble for Samsung, the second recall of replacement devices face-planted the Note series. In a market that is otherwise maturing, Christmas has come early for vendors looking to capitalize with large-screened flagship alternatives like the Apple iPhone 7 Plus and Google Pixel."


According to IDC, 72 million of the 363 million smartphones sold in this quarter were manufactured by Samsung. The report from Strategy Analytics differs slightly (75 million out of 375 million handsets sold) but still clearly depicts the strong presence of Samsung in the global smartphone business, in spite of the embarrassing episode with the Galaxy Note 7.


Saikat Kar (tech-enthusiast)



According to a report by The Wall Street Journal, Vice-Chairman Lee Jae-yong of Samsung has mentioned that the S8 will feature an "improved camera" as well as a "slick design." While this certainly doesn't say anything significant about the device to be honest, it just goes to show that Samsung is now trying to center media attention towards the Galaxy S8 and away from the Note 7.


As Lee Jae-yong specifically mentioned the camera of the upcoming Galaxy S8, it could indicate that Samsung might really be opting for a dual camera setup this time around. If the rumors are true, then one 16-megapixel sensor and one 8-megapixel sensor will be embedded in a single rear mounted module.


The slick design mentioned by the soon to be Chairman of Samsung on the other hand, could point to the "full-screen" display that we have only heard about via rumors so far. However, it's worth mentioning that Xiaomi has already beaten Samsung to it with the beautiful Mi Mix, when it comes to the all-screen display. Let's see if Samsung can top that at the MWC, 2017 next year in February.


Saikat Kar (tech-enthusiast)


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