SEOUL Oct 14 Shares of Samsung Electronics Co
Ltd traded slightly higher on Friday morning after
the South Korean electronics giant said it expected to take a
greater profit hit from the demise of its fire-prone Galaxy Note
Samsung shares were up 0.8 percent as of 0008 GMT, versus
the wider market's 0.6 percent gain.
Samsung said it expected to take a hit to its operating
profit of about $3 billion over the next two quarters due to the
discontinuation of the Note 7.
(Reporting by Hyunjoo Jin; Editing by Stephen Coates)