Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Wednesday, March 1, 2017

South Korea’s GDP may fall because of problems with Samsung Galaxy Note 7


Central Bank of South Korea lowered the forecast of growth of national GDP in 2017 by 0.1% due to problems with recall of smartphones Galaxy Note 7 Samsung Electronics. Initially, the GDP was assumed at the level of 2.9%.

We will remind, the company announced a massive recall and suspension of sales of Galaxy Note 7 due to problems with batteries device that could spontaneously explode. In the result, Samsung suffered a loss in the amount of about $ 1 billion.

source

Related posts:
The flow of dollars for the first time in two years fell to zero
Russia is ready for new records in oil production
The Ministry of Finance and the Central Bank has undertaken a new reform of pensions
Trump is able to defeat people, but not robots

Recommended

More Stories From Economy