Samsung Tries to Contain the Note 7 Crisis

The video discusses Samsung's financial impact due to the Note 7 recall, highlighting the company's reliance on mobile revenue and the potential market shift towards competitors like Apple and Google. It explores Samsung's strategic response, including possible early launches of new products, and addresses leadership challenges during the crisis. The video concludes with a discussion on lithium battery issues in smartphones.

What was the primary reason for Samsung's operating profit cut?

• Decline in global smartphone sales

• Recall of the Note 7

• Introduction of new Pixel phones by Google

• Increased competition from Apple

Which company is most likely to benefit from Samsung's market gap according to the discussion?

• Apple

• Sony

• Nokia

• Huawei

What strategy might Samsung employ to address the Note 7 crisis?

• Focus on developing new battery technology

• Advance the launch dates of flagship phones

• Delay the launch of new products

• Increase marketing for existing products

What is a significant challenge faced by Samsung's new CEO?

• Handling the Note 7 crisis

• Managing the company's expansion into new markets

• Increasing the company's market share in Europe

• Developing a new line of budget smartphones

What is a potential issue with lithium batteries in smartphones?

• They are not environmentally friendly

• They are too expensive to produce

• They are inherently unstable as they get smaller

• They have a short lifespan