Samsung Electronics shares up after it sees more profit hit from Note 7

Samsung Electronics shares up after it sees more profit hit from Note 7

© Andrew Kelly / Reuters

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)

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