SAMSUNG IS DEAD, $18 BILLION LOSS

>>57035079
link

http://www.bloomberg.com/news/articles/2016-10-11/samsung-ends-production-of-note-7-after-global-recall-new-fires

The losses keep on climbing.

Note line of phones is dead too. They'll have to figure out what to call their next phone because no one will buy Notes again.

RIP SAMSUNG

I hope they don't fuck up completely because I like their SSDs

>>57035504
Wd will just buy that branch

>>57035079
Dumb thread. It's just a dip which has obviously been caused by opportunist dickhead stockbrokers. The value of the company and its assests haven't dipped 8%

>>57035079
>using tech known to be faulty
publicity stunt
only assbergers and retards who think phones are fashion statements used the shitty note line anyway.

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>>57035079
Oh noes some greedy jews lost some fake money on paper!

>>57035504
>SSD
they're fucking garbage.

https://blog.algolia.com/when-solid-state-drives-are-not-that-solid/

I don't fucking understand economics. There wouldn't be an 8% decrease if investors wouldn't sell their shares.
A company's bad move doesn't dictate a dip, it's investors going "oh shit this is bad better pull out"

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>>57035818
it's a major damage for the brand. in expensive phone business, brand is everything. That's why they're killing Note brand.

Samsung fucked up in every which way possible:

>initially hid the fact their phones catch fire
>released a software update that didn't do shit and caused even more fires
>recalled the phone, issued a replacement phone... that also catches fire
>finally, they tried to silence one of the victims of their phone

Anyone who gives those fucks even a penny of their money deserves to die from their phones.

Anyway, that's why their stock is down and who knows if it will ever recover. Brand is ruined.

>>57035750
>tldr linux is shit and still buggier than ever
thanks for sharing

>>57035887
didn't happen to other SSDs... only to shitsung

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I hear they also have a problem with their washing machines exploding.

http://money.cnn.com/2016/09/28/news/samsung-cpsc-washing-machine-explosion-reports/

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>$17B loss from the company that constitutes a third of SK GDP
RIP Korea
Hope you learned your lesson this time and legislate chaebols into the trash where they belong.

Good, that means they'll double down on all their other divisions and quality can /hopefully/ be much higher in order to garner back support.

In an ideal world atleast.

>No more S pen support
Fuck, tablets and phones are ruined

>>57035142
the number was getting way too high anyway

>>57035079
Aren't they so fucking massive in S. Korea they even make a small percentage of the GDP? They'll be fine but this will hurt their confidence. Just like VW, these behemoths can take losses this big and still recover.

>>57035962
LG needs to steal that tech for their next G series stylus.

>>57035750
>The discovered issue has much bigger impact than we originally expected and is not caused by Samsung SSDs, as we originally assumed
Linux once again proving it's a pile of shit.

>>57035986
Iirc it's 17 percent

>>57035657
I enjoyed the bigger screen while still being able to fit in my pockets, less eye strain when browsing sites or reading work docs.

Samsung is 1/5th of South Korea's economy. They're not going anywhere.

>>57035142
They already have the Galaxy Edge line with the large screen

They'll simply release Galaxy Edge phones from now on

Honestly there isn't much difference between the Note 7 and Edge 7 anyway, just the stylus and the screen is more curved on the edge

Same processor
Same camera
Same screen resolution

>>57036028
Curved phone screens is a dumb fucking gimmick.

>>57036020
>>57035986
>>57035961
KIM, PARK AND LEE ARE BEING MONITORED FOR SIGNS OF VOLUNTARY TERMINATION

Only manlets are happy, rip in pieces.

>>57036038
But they look nice.

>>57036038
Agreed

It's very hard to find glass screen protectors

It does feel really nice in the hand though

>>57035079
You don't actually know how large Samsung is do you?

>only hope for an applel and jewgle competitor
>only hope other than freetard failure projects for an alternative OS to android
Im actually sad. What will normalfags use now?

>>57036114
HTC?

>>57036154
HTC is the shit

>>57035079
Samsung does everything, I highly doubt their electronics division fucking up is going to do anything.

>>57036050
How's life with a micropenis?

>>57035079
>Bendgate: Explodegate edition

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>>57036434

>>57036434
bendgate was bullshit. iphone 6+ was stronger than samsung phones.

Most people itt would be surprised how big Samsung is. These fuckers aren't going anywhere.

https://www.youtube.com/watch?v=6Afpey7Eldo

>>57036648
lol this nigger steals wikipedia articles and makes videos out of it

>>57036508
>>57036565
>iphone6+ stronk
you're right Apple is blowing up

http://www.ktnv.com/now-trending/california-womans-iphone-explodes-catches-fire

FINISHED
I
N
I
S
H
E
D

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>>57036731
The Internet is ablaze with apologists throwing out examples of other phones catching fire or rapidly outgassing to support Samsung in their hour of need, and it boggles my mind. I find it hard to believe that there are people who can still equate random manufacturing defects, which can be no less severe and would not exist in a perfect world, with an actual design flaw.

>>57035881
What did they mean by this

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>>57035142
Boy the dip.

>>57035818
What is "short selling"? ;)

Coming at you from my Samsung galaxy s6 edge plus


I enjoy it.


A lot.

The Note 4 is still the best phone since 2014

>>57037246
and the note 3 was better than the 4.
i regret trading up to the 4 from me 3


my note 4 is a massive piece of shit.

reboots randomly, gets hot as fuck like it wants to combust. microphone no longer works so i cant even use it as a phone

>>57035079
>8% fall equivilates 17billion$ loss
>still have the other 92% of value, which would be likely in the hundred of billion

I cannot be bothered to math properly.

I see no reason to be screaming bankruptcy.

>>57037283
mine works great, sucks to suck

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>>57035986
Samsung is a MASSIVE company and their percentage of sk gdp is huge, usually around 20%. They are into chemicals, insurance, healthcare and even got their own military branch with tanks etc. The note may be their most stealthy grenade but they have many for more terrifying weapons.

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>>57036428
Right. If they just decided to stop making electronics under their own brand then they would still one of the largest producers. Apple is mostly Samsung parts, for example.

>>57037300
They do management, engineering and all sorts of service work too. They're probably insured against something like this/will be able to write the loss off from taxes.

>>57037290
This
Smartphones aren't even their primary market, it's like something they started doing in their free time and got reasonably good at. They make crazy money from home appliances and making ICs for probably every known application, not to mention they also rake in amazing greens from their 9000 service based works too

>>57037103
DAMAGE CONTROL

This whole fiasco is very suspicious. What's going on is a smear campaign being funded by competitors to drive the Note out of the market. I really feel sorry for Samsung here, they were honestly just trying to make their phone but the cutthroat industry forces lesser brands to take such disgusting actions just in the hopes to make a quick buck. Too bad the Xiaomi and LG shills are still failing and just funneling more users to Apple and Google Pixel instead.

>>57038202
tighten up that tinfoil hat, retard. yeah, I'm sure someone hired some super-villain to fuck up Note.


truth is a lot different

http://www.nytimes.com/2016/10/12/business/international/samsung-galaxy-note7-terminated.html?_r=0

>>57039616
From that article... looks like Samsung's brand is completely damaged. Even that consultant gave up.

Crazy how a series of major fuckups can kill a company.

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Finally our Chinese future overlords will dethrone nasty Korean conglomerate. China is benevolent, China is strong, China is cool, China is cute!

All hail Xiaomi!
All hail Huawei!
All hail OnePlus!

>>57040511
enjoy your total botnetified hardware, mainland Chinese are both dumber and completely devoid of morals compared to those in S. Korea, Taiwan, Japan etc

>>57036366
>>57036154
He is right, HTC 10 so far is the best flagship of 2016.
>Not Jewgle
>Not chink
>Not samshit explosive edition.
>Not aplel, no headphones jack edition.
>Not LG, bootloops edition.

Smooth and faster than iphone7
>https://www.youtube.com/watch?v=Wbdydv0_Itg

Hi-def audio/ best battery life/ good camera / build quality / rootable / warranty even for the screen.

HTC is very underrated.

>>57035504
Do you wear an EOD suit to plug them in? At least use eye protection.

Stay safe out there!

>>57035750
>SUMMARY:
>1) the issue raised by Algolia is due to a Linux kernel error

Durr hurrrrr

>>57035079
>Largest privately held conglomerate whom controls one the world strongest economies is dead


Kys

>>57035504
That's different division of Samsung Electronics.
And nothing will happen anyway, the big Samsung will just pump a few hundred billions into Samsung Electronics and change the CEO. That's pretty much it.

>>57035750
Linux losers can't read

>>57037103
this tbqh desuuuu senpafamalam.
samsungfags always brag how they are not the sheep like applefags but they are absolutely no different in any way.

>>57035504
Samsung is fucking gigantic, they will survive.

>>57036038
Yeah. I do love the slightly curved screen in LG phones. They make the phones much better to hold and to use.

>>57037103
Have you actually copied your shit comment and plan to post it in every thread on this subject?

>>57035142
>Note line of phones is dead too. They'll have to figure out what to call their next phone because no one will buy Notes again.
Galaxy Mega, it's your time to shine.

am I dumb for thinking of getting a dirt cheap one off craigslist?

>>57041427
Nope, and you can easily swap the battery if you don't trust it. Though not sure are there any 3rd party batteries in that formfactor.
Also if this is true
http://english.yonhapnews.co.kr/business/2016/09/01/17/0502000000AEN20160901010900320F.html
then the odds of getting an shitty battery are _very_ low, considering most of the shitty ones have blown up already :/

>>57035079
Samsung Electronics only. They still have very profitable other areas. Wont disagree they have been fucked hard but they will survive and be fine.

>>57041536
>Easily swap the battery
nigga..

Does this mean that removable backs are gonna come back?

>>57035881
>That's why they're killing Note brand.
>literally no indication they are killing the note brand
>still parrot that they are killing it
>even though the note brand has been hugely popular and that is part of the reason why people are STILL reluctant to hand over their note 7s even though theyre exploding

>>57035079
samsung can't die, they're huge. they have more employees than google, apple, microsoft, cisco, intel and AMD combined.

Don't they do like $100+ billion in sales a year? $18 billion is chump change.

>>57041676
nokia can't die amirite

>>57035079
BUY SAMSUNG STOCK
U
Y
C
H
E
A
P

>>57041676
The local corner store has more employees than AMD

>>57041904
Between this and AMD stock, I'm going to make a killing in the next few months

stop falling for the bait fags

>>57035750
>https://blog.algolia.com/when-solid-state-drives-are-not-that-solid/
The discovered issue has much bigger impact than we originally expected and is not caused by Samsung SSDs, as we originally assumed.
My personal apologies to Samsung!

>>57035142
>The losses keep on climbing.
It's not losses, it's share devaluations. It's not that big a deal. An imaginary number is getting imagined to be a different imaginary number.

>>57035881
>>finally, they tried to silence one of the victims of their phone
More like they were going to offer him a deal that included confidentiality for compensation or something.

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>>57035079
your thread is shit OP
>>57035728
this.

EVERYONE'S GONNA RETURN THEIR PHONE

10 YEARS FROM NOW IT WILL BE SUPER EXTRA MEGA RARE

BUY BUY BUY BUY BUY BUY BUY

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Those batteries... the explosions are intensifying to the point where we may not be able to contain it.

>>57041672
They didn't kill their note brand, they incinerated it.

>>57042285
kek

>>57036038
But the phone looks like it came out of a fairy's magical vagina to be honesto

>implying Samsung will fall from grace immediately

>>57035750
>linux error
absolutely shocking

>yes headphone jack

I really wanted a new Note :(

I'm still on the Note 4 cause note 5 is a downgrade and I want the ass pen even though I never use it.

>>57035937
Most consumer grade washing machines will explode when unbalanced since they're no longer built to handle vibrations like the older less energy efficient machines. Those things would happily hop around your floor until the cycle was over or they unplugged themselves. Whirlpool, LG, Maytag, GE, and some Euro brands all have exploding washing machine pictures and videos online. It can happen to older machines, too, but it's not as common. IF you're concerned about it, buy a commercial/industrial unit that's bolted to the floor.

>>57043747

My upgrade is coming up, from Note 4, what should I go for? I don't want to give up screen size or 1440 screen.

>>57035079
Good. With this I can buy old note 5 since the price will fall anyway.

>>57035504
Good thing WD is going to make MLC SSDs now.

>>57035079
IT'S Scheißesung
>Scheißesung
>Scheißesung
>Scheißesung

get on with the times

>>57044028
KEKMANY YES!

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Is this a good time to buy Samsung shares? Or will it dip further still?

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>>57035750
>The discovered issue has much bigger impact than we originally expected and is not caused by Samsung SSDs, as we originally assumed