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Samsung Is Ending Production Of The Galaxy Note 7

The company’s drastic step sends its shares down 8% and caps a dramatic crisis over one of its best-reviewed phones.
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SEOUL, South Korea (AP) — Samsung Electronics says it is stopping production of its Galaxy Note 7 smartphones, a day after it halted global sales of the star-crossed devices. The South Korean company said in a regulatory filing Tues...

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For the sake of consumer safety, Samsung has "permanently discontinued" production of the Galaxy Note 7, the company told Engadget in a short statement. The news comes shortly after it halted sales of the phone because replacements ...

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