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Major Cost Cutting May Happen At Samsung Mobile Division

Samsung Electronics came out with regulatory filing and indicating that they suffered heavily due to Galaxy Note 7 recall. It also indicates Samsung Electronics dependency on its Mobile Division.  It is expected that Samsung will face the hard truth that their mobility sales during Q4, FY 17 will be hit hard and it will impact on their profitability in a big way. On the other hand, Samsung Electronics share price continue it’s downwards spiral and it may continue till the release of Q4 FY 17 release.

When any company faces this kind of unwarranted circumstance then the first target is none other than the hardworking resources. I am expecting then announcement of the same very soon.

In my point of view, the unfortunate happening is going to take the toll across mobility ecosystem and regulatory filing by Samsung is nothing but an indication to many to be ready to hear the worst.

Disclaimer: Above is completely my personal view.

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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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