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Samsung permanently discontinues the Galaxy Note 7, $17 billion in sales lost

Samsung has announced the permanent discontinuation of the Galaxy Note 7, with the global recall likely to cost the company $17 billion in lost sales.
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Samsung Electronics said Tuesday that it is ending production of Galaxy Note 7 smartphones permanently, a day after it halted global sales of the star-crossed devices. The South Korean company said in a regulatory filing that it dec...

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It was always highly likely, but now it's official: The Galaxy Note 7 is dead. Samsung has "permanently discontinued" the Galaxy Note 7, according to The Wall Street Journal. Reporting from Seoul, the outlet says that Samsung, in a ...

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The move halts production and sale of the defective premium phone after a troubled recall effort.


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