The Wall Street Journal reports that Samsung is to withdraw the Galaxy Note 7 cellphone for good. Subject to recurring reports of fires, even after replacement, the dodgy smartphone's burned through users' pockets to threaten the Korean brand itself.
The New York Times describes it as a "a humbling about-face."
The demise of the Galaxy Note 7 is a major setback for Samsung, the world’s largest maker of smartphones.
After the device launched in early August, dozens of users reported that their waterproof smartphones caught fire or exploded. Samsung traced the problem to its battery and promises replacements.
A 55-year-old man in South Korea was injured after his Samsung Galaxy Note exploded. The smartphone was stored in the mans pocket when it suddenly ruptured and caused damage to his clothing and body. The customer was left with secon...
Samsung is reportedly working on an update to its Galaxy Note 7 smartphone limiting how users can charge the device following a massive recall due to reports of the phones catching fire or exploding.
Do you know what's really bad for your business? Selling a smartphone with a tendency to explode in your customer's pockets. That's why Samsung has revised its quarterly profit guidance, suggesting that it'll lose out on $2.34 billi...