[THE INVESTOR] Samsung Electronics announced on Oct. 14 that it will concentrate on sales of Galaxy S7 and S7 Edge smartphones to compensate for losses incurred by Galaxy Note 7 discontinuation.
The company also estimated that the opportunity cost incurred by the developments to be in the mid 3 trillion won (US$ 2.66 billion) range.
By Choi He-suk (cheesuk@heraldcorp.com)
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