- BBC, Thursday, October 27, 2016 1:43 PM
Following the recall and discontinuation of its Galaxy Note 7 smartphone, Samsung saw operating profit between July and September fall
30%, year-over-year. “Recalling and then scrapping the Note 7 … has been seen as a blow for the company's reputation for quality and reliability,” BBC News reports. Amid this
tumult, the company’s shareholders just backed what the BBC calls “Samsung heir apparent” Lee Jae-yong joining the board.
Read the whole story at BBC »
