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MessaggioInviato: Mar Ago 21, 2018 3:26 am    Oggetto:  www.wholesalenfljerseysatcheap.com
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SEOUL, Oct. 27 (Xinhua) -- Samsung Electronics saw its third-quarter profit plunge as the company's worst crisis surrounding Galaxy Note 7 smartphone resulted in a slash in earnings of its most profitable mobile division, a regulatory filing showed on Thursday.


Operating profit dropped 29.7 percent from a year earlier to 5.2 trillion won (4.6 billion U.S. dollars) in the July-September quarter. From three months ago, the profit tumbled 36.2 percent.


It marked the lowest in two years, meeting the revised estimate by Samsung which slashed its preliminary forecast by 2.6 trillion won to reflect costs from the discontinuation of its fire-prone smartphone.


Scores of reports about Note 7 phones heating up and catching fire led Samsung to terminate its latest flagship model. Hundreds of owners of the device here have sued Samsung for inconveniences they experienced in the recall and termination process.


The company's revenue declined 7.5 percent over the year to 47.82 trillion won in the September quarter, the lowest since the first quarter of last year. From the previous quarter, the revenue was down 6.1 percent.


Net income dropped to 4.54 trillion won in the third quarter from 5.46 trillion won a year earlier. From three months ago, the net income plunged 22.4 percent.


The Note 7 crisis is estimated to cost Samsung about 7.1 trillion won, including 3.5 trillion won in opportunity costs, 2.6 trillion won in direct costs and 1 trillion won in losses from the initial global recall.


The earlier recall on Sept. 2 of the fire-prone smartphones came just two weeks after its global debut. Following additional reports of replacement phones catching fire, Samsung was finally forced to discontinue the model.


Samsung's mobile division posted 100 billion won in operating profit, down from 2.4 trillion won a year earlier. The company expected the Note 7 effect to continue until the first quarter of next year.


Despite the Note 7 crisis, Samsung will not release its next flagship Galaxy S8 earlier than scheduled, according to a local media report. Galaxy S8 is forecast to be launched on Feb. 26, 2017, one day ahead of the opening of the Mobile World Congress in Barcelona, Spain.


Chip and display businesses, which provide components for rival smartphone makers and TV producers, fared well in the third quarter, helping offset soft earnings from the mobile division.


Operating profit was 3.37 trillion won in the chip-making unit compared with 3.7 trillion won a year ago. Stable memory chip prices and new smartphone launches from its competitors like Apple helped boost the semiconductor earnings.


The display unit logged 1.02 trillion in operating profit, topping 1 trillion won for the first time in three years on the back of higher prices of liquid crystal displays (LCDs).


Profit in the consumer electronics division was on the rise, with its third-quarter operating profit posting 770 billion won. The rising trend came on strong demand for premium TVs and high-priced appliances.


Samsung said this year's capital expenditure would be 27 trillion won, the largest ever by the company. It includes about 13.2 trillion won spending on semiconductor equipments to prepare for stronger demand in V-NAND flash memory chips.


About 10.9 trillion won would be spent this year on display facilities, more than doubling compared with the previous year, on expectations that demand will surge next year for organic light emitting diode (OLED).

Nike is one of the most popular sports clothing brands worldwide and based in the United States of America. All the causal and sportswear enthusiasts follow Nike products. They trade clothing
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, footwear, sportswear, and sports equipment worldwide. Nike is known as the world’s leading trader of athletic shoes and apparel and manufacturer of sports gear. Nike casual wears are loved are worn by most of the people across the globe. The company is one of the best sellers of sports shoes and sports apparel in the world, and engaged in the design, development as well as marketing of sports footwear
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, clothing, sports gear and other equipment.

The company trades its products to retail chains, via NIKE-owned merchandise stores, or via independent merchants and distributors, in over 170 countries round the world. Sports enthusiasts can find the sportswear designed by Nike at various retail shops like shoppers stop
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, lifestyle, online stores and other retail chains. They are also marketing athletic shoes that are designed primarily for a specific athletic practice. The company sells sports clothing and accessories, as well as sport bags and other sports accessory products. They showcased casual shoes from various types such as sneakers, flip-flop, floaters
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, slippers, or other athletic footwear.

Even Nike shoes and apparels are also famous among Indian flocks. One of the biggest reasons why most of the Indian people love Nike wear is that Indian cricket team wear Nike sportswear. Nike is the official sports gear sponsor for the Indian cricket team and time to time create new designs for the team for every match, be it ODIs, Twenty20, or any other match. When the most popular cricket players like Sachin Tendulkar
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, Zaheer Khan, Harbhajan Singh, Virender Sehwag, are wearing Nike sportswear then how a cricket enthusiasts can ignore the Nike range.

Not only for cricket, Nike have the trendiest and coolest collection for each and every sport
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, be it football, basketball, tennis, rugby or any other sports activity. Moreover, they have sportswear for golf
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, baseball, lacrosse, cheer leading, skateboarding, volleyball
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, hiking, wrestling, and other outdoor sports activities. In addition to this they have a wide range of selection of the workout sessions that includes running shoes, gym tracks, and much more. They also let people make their custo.
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