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Galaxy Note 7 debacle costs Samsung $17 billion, company plans to boost Galaxy S7 production: Report

Samsung Electronics’ recall of Galaxy Note 7 worldwide would be the worst-ever recall for the company, costing it a whopping $17 billion. In the early September, Samsung announced the first recall of its flagship smartphone following the numerous reports of the phone catching fire. The company replaced the devices with an updated battery. However, on Tuesday, many of these replaced handsets were reported to catch fire, deepening the crisis. With […]

from Telecom Talk https://telecomtalk.info/galaxy-note7-debacle-costs-samsung-17-billion-company-plans-to-boost-galaxy-s7-production-report/157834/

via: https://telecomtalk.info/galaxy-note7-debacle-costs-samsung-17-billion-company-plans-to-boost-galaxy-s7-production-report/157834/

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