Sunnier outlook: The company expects earnings to improve (from a year earlier) driven by strong performance in the components business.
SEOUL: Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest in nearly eight years.
The world's top smartphone maker saw its mobile earnings plunge 98% from a year earlier to its lowest since the fourth quarter of 2008, barely avoiding its first-ever loss and dragging the firm's overall profit to a two-year low.
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