Far from a one-trick pony, the world’s second largest information technology company by revenue was still expected to take a big financial and public perception hit as a result of the Galaxy Note 7 debacle. But while Q3 2016 profits predictably tumbled, and various surveys indicated Samsung’s reputation was temporarily harmed, the chaebol quickly returned stronger than ever in the limelight.
Thanks to a miracle-working Galaxy S7 duo, increasingly popular low to mid-end phones and especially hotly-demanded mobile components, Samsung managed to post stellar Q4 2016 and full-year financial scores, now estimating an even higher Q1 2017 consolidated operating profit.
