Post Profile

Note 7 fiasco could burn a $17 billion hole in Samsung accounts

Samsung Electronics' (005930.KS) worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ill-fated premium model. Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire and on Tuesday the crisis deepened: The.
read more

See more about: Galaxy Note

Related Posts

Samsung Discontinues Galaxy Note 7 For Good; Fiasco Costs Samsung Whopping $17 Billion

Business & Finance : India Business Blog

Samsung has been in a terrible situation for some time now, because of Galaxy Note 7 flagship smartphone and has received lot of flak for it. Unfortunately, the company did not take the correct measures to desensitize the issue, ins...

Samsung will end production of Galaxy Note 7 after halting global sales

Business & Finance : LA Times: Business

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...

Samsung: Stop Using 'Improved' Galaxy Note 7

Technology : Technology from Newser

Samsung says it's halting sales of the ill-starred Galaxy Note 7 smartphone after a spate of fires involving new devices that were supposed to be safe replacements for recalled models. The company ordered the suspension of sales Tue...

Analysts predict Samsung could lose $17 billion in revenue if the Note 7 is discontinued

Technology / Google : Phandroid

Samsung has halted all sales of the Galaxy Note 7 until it can determine the cause of the devices erupting into flames, but many analysts believe this spells the end for the model as Samsung could lose up to $17 billion in revenue.

Samsung Kills Off Note 7 After Second Round of Battery Fires

Technology / Mobile : Just Another Mobile Phone Blog

Company had already recalled 2.5 million Note 7 phones Regulators, carriers had pressed Samsung to halt sales Samsung Electronics Co. is ending production of its problematic Galaxy Note 7 smartphones, taking the drastic step of kill...


Copyright © 2016 Regator, LLC