VOICED : Samsung rebaja previsiones de beneficio

VOICED : Samsung rebaja previsiones de beneficio

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

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Samsung reduced its third-quarter profit forecast by 33.3% due to the Galaxy Note 7 crisis, which led to a production halt. The company advised customers to turn off the device due to explosion risks, causing a social media uproar with images of burnt phones. Samsung's shares fell by 8% in a single day. The company had launched the Galaxy Note 7 early to compete with Apple in the high-end market. The failure is attributed to lithium battery issues, though some suggest the processor might be at fault.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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