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Samsung Halts Production, Sales Of Galaxy Note 7

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday it has halted the production of its Galaxy Note 7 smartphones due to consumer safety concerns. Samsung will likely permanently halt sales of the flagship device permanently, a person familiar with the matter told Reuters. Samsung did not immediately comment on the matter. Samsung, in a statement, said it was still investigating recently reported cases of fires in new Note7 devices.
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