Samsung said loss or painful Note 7 recall cost $ 1 billion

Home > News > Product News  > Samsung said loss or painful Note 7 recall cost $ 1 billion

Latest News

White Noise Bluetooth Speaker Market Trends: Smart Sleep Audio Opportunities for Global Brands

White Noise Bluetooth Speaker Market Trends: Smart Sleep Audio Opportunities for Global Brands

2026-08-08 09:23:12

Professional White Noise Bluetooth Speaker Manufacturer providing smart audio solutions, sleep aid Bluetooth speakers, and customized OEM/ODM audio products. We support global brands, retailers, and distributors with innovative designs, reliable manufacturing, and private label solutions for lifestyle audio and wellness technology markets.

3 in 1 Wireless Charger EG0206: A Smart Charging Accessory Solution for Global Consumer Electronics Markets

3 in 1 Wireless Charger EG0206: A Smart Charging Accessory Solution for Global Consumer Electronics Markets

2026-08-07 09:33:07

3 in 1 Wireless Charger EG0206 is a compact and versatile charging solution designed for modern smart device users. As a professional China wireless charger manufacturer, we provide OEM/ODM customization services for global retailers, brands, and distributors. Featuring multi-device compatibility, 10W wireless charging, and a slim portable design, this smart charging accessory is ideal for home, office, travel, and promotional markets. With strong product development capabilities and reliable manufacturing experience, we help partners create customized wireless charging solutions that meet evolving consumer demands.

OPENEAR Bone Conduction Headphone Market Trends: Opportunities for the Next Generation of Wearable Audio

OPENEAR Bone Conduction Headphone Market Trends: Opportunities for the Next Generation of Wearable Audio

2026-08-06 13:53:15

OPENEAR Bone Conduction Headphones offer an innovative open-ear audio solution combining comfort, safety, and smart wearable technology. Designed for modern lifestyles, they provide a lightweight listening experience with Bluetooth connectivity, water-resistant performance, and all-day wearing comfort. As an experienced consumer electronics manufacturer, we support global brands with innovative audio product development, OEM/ODM solutions, and customized wearable audio designs.

Bluetooth Clock Speaker: Meeting the Growing Demand for Multifunctional Lifestyle Electronics

Bluetooth Clock Speaker: Meeting the Growing Demand for Multifunctional Lifestyle Electronics

2026-08-05 09:47:25

The Bluetooth Clock Speaker is a multifunctional lifestyle audio product that combines wireless music playback, dual clock display, and TF card support in one compact design. Featuring Bluetooth V5.0 technology, a 3W speaker, and a built-in 1200mAh rechargeable battery, it delivers convenient and reliable audio entertainment for bedrooms, offices, travel, and gift applications. With its modern design and customizable OEM/ODM options, this smart audio solution is an ideal choice for retailers, distributors, and brands looking to expand their consumer electronics product portfolio.

Sport TWS Earphone Market Trends: How Smart Audio Innovation Is Creating New Opportunities for Global Brands

Sport TWS Earphone Market Trends: How Smart Audio Innovation Is Creating New Opportunities for Global Brands

2026-08-04 11:10:21

Jaskey Limited is a professional Sport TWS Earphone manufacturer providing OEM/ODM wireless audio solutions for global brands. With expertise in smart audio product development, industrial design and consumer electronics manufacturing, we help partners create innovative Bluetooth earphones that meet evolving market demands.

Sport Smart Video Audio Glasses: Creating New Growth Opportunities in the Smart Wearable Electronics Market

Sport Smart Video Audio Glasses: Creating New Growth Opportunities in the Smart Wearable Electronics Market

2026-08-03 09:53:03

Sport Smart Video Audio Glasses combine AI technology, wearable innovation, and smart audio experiences into one advanced lifestyle device. Featuring video recording, photo capture, AI object recognition, voice interaction, Bluetooth V5.4 connectivity, and smart APP functions, these AI smart glasses provide users with hands-free communication, intelligent assistance, and immersive digital experiences. Designed for global retailers, distributors, and technology brands, they offer strong market potential as an innovative smart wearable electronics product with customization opportunities for different applications and markets.

Bluetooth Light Headphone Market Trends: How Innovative Design Is Creating New Opportunities in Smart Audio

Bluetooth Light Headphone Market Trends: How Innovative Design Is Creating New Opportunities in Smart Audio

2026-07-31 10:33:02

Bluetooth Light Headphone combines wireless audio technology with creative lighting design and modern lifestyle appeal. As a China consumer electronics OEM/ODM manufacturer since 2008, we develop innovative smart audio products with strong R&D, design, and manufacturing capabilities for global brands and markets.

Cartoon Powerbank with Dual LED Light: A Creative Charging Solution for Global Consumer Electronics Markets

Cartoon Powerbank with Dual LED Light: A Creative Charging Solution for Global Consumer Electronics Markets

2026-07-30 10:56:49

Cartoon Powerbank with Dual LED Light combines a 10000mAh portable charging solution with creative design and built-in charging cables. With strong visual appeal and practical functionality, it is ideal for e-commerce, retail, gift markets, and customized consumer electronics solutions.

Colorful Lights Bluetooth Speaker: Exploring New Opportunities in the Global Lifestyle Audio Market

Colorful Lights Bluetooth Speaker: Exploring New Opportunities in the Global Lifestyle Audio Market

2026-07-29 13:49:23

Colorful Lights Bluetooth Speaker combines wireless audio technology, creative LED lighting and portable design to deliver a stylish lifestyle audio experience. As a professional consumer electronics manufacturer since 2008, we develop innovative Bluetooth speakers with reliable quality, flexible customization and global market adaptability for brands and retailers worldwide.

China Waterproof Outdoor Bluetooth Speaker Manufacturer: Creating New Market Opportunities for Global Audio Brands

China Waterproof Outdoor Bluetooth Speaker Manufacturer: Creating New Market Opportunities for Global Audio Brands

2026-07-28 10:59:51

A durable and portable Bluetooth speaker designed for outdoor entertainment. Featuring waterproof protection, stable wireless connection, NFC pairing, MP3 playback, hands-free calling, and up to 12 hours of battery life, it is ideal for camping, travel, sports, and daily use. Custom OEM/ODM solutions are available for global brands, retailers, and distributors.

Contact us

phone. Number: 0086-755-82239330-808
Email address: info@jaskeyworld.com
Office address: 4th Floor, Building 1, Xingji Center, Danzhutou Industrial Zone, Longgang District, Shenzhen

Samsung said loss or painful Note 7 recall cost $ 1 billion

2016-09-05 18:02:55

According to media reports, Samsung Electronics due to problems with a battery recall 2.5 million Galaxy Note 7. It is estimated that the recall action is likely to take up to $ 1 billion.(custom speaker


Approximately more than thirty Note 7 was found to have battery fire and explosion.


The accident can be said not have been worse. In the global smart phone market competition intense background. As a leader in Android phones, Samsung can not afford any brand reputation damage.


Professor, National University of Singapore Sea Jin pointed out that "the recall of the potential damage to the reputation of Samsung, is much larger than the short-term economic losses."custom speaker


According to Credit Suisse, the big Korean Securities and Pelham Smithers Associates estimates that Samsung's recall cost about $ 1 billion, there may be less than $ 1 billion. When asked about the financial impact of the event, the high Dong Samsung smartphone business executives (Dong-Jin Koh) on Friday's news conference that "the amount of loss it hurts."(custom speaker)


Estimated impact of $ 1 billion is only 5% this year, Samsung 23 trillion won (US $ 20.6 billion) in net profit estimate. It is unclear whether Samsung SDI subsidiary battery manufacturers will bear part of the cost of the recall. Samsung did not disclose Note 7 battery supplier, but the supplier may bear part of the cost will be recalled. According to the Korea Economic Daily reported, Samsung Electronics, Samsung SDI supply 70% of the battery, China's new energy technology companies will supply the remaining 30 percent, Samsung SDI has been ordered to stop battery.(custom speaker)


According to Credit Suisse estimates that the sale of each one Note 7, Samsung Electronics achieved revenue of approximately $ 600 and $ 108 of operating profit. In Keon Han headed analysts said Note 7 for the current quarter shipment target may be 4000000-5000000 its last quarter shipment target is 8 million to 9 million.


The next few weeks, Samsung's brand recall will cause much damage. After a protracted legal dispute with Apple, Samsung have been working through the first to launch a large-screen device and the curved screen device to reshape the reputation for quality and innovation. Note 7 launch, has won widespread praise, listed on the initial fully grasp the opportunities brought by the new iPhone is not yet available. Today, the phone in 10 countries of stock.(custom speaker)


Note 7 first-mover advantage with respect to the original iPhone, and now have lost the. "IDC analyst Bryan Ma in Singapore (Bryan Ma) that" Samsung this quarter will be significantly affected, but if they can immediately solve the problem, the situation will be reversed immediately, they will not be long-term effects. "


The recall to Samsung left a stain on history, but it is still relatively fast response for serious product failure.

Equity analyst Pelham Smithers Associates Sanghyun Park believe, believe that global recall Note 7 of the decision directly from the Samsung chairman Lee Kun-hee's son, Lee Jae-yong, vice chairman of Samsung. Since Lee in May 2014 of a heart attack in hospital, Mr Lee replaced his father operating companies.(custom speaker)


"In addition to Lee Jae-yong addition, Samsung no one can make such a bold decision." Sanghyun Park said, "As a member of the founding family of Samsung, Lee Jae-yong wants to defend the reputation of his grandfather founded the company." This Samsung a sequence of such a serious event of product failure, how to reduce the loss of reputation, Samsung Samsung is the best test.(custom speaker)

Recommended for you