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Samsung’s giant Note 7 recall will cost ‘heartbreaking’ amounts of money

Technology / Gadgets : BGR (Boy Genius Report)

On Friday, Samsung confirmed last week’s reports that a Galaxy Note 7 recall is indeed on the table following the many fire incidents related to battery charging. The company announced an unprecedented recall and replacement program...

Samsung’s Galaxy Note 7 recall could cost the company $1B

Technology / Gadgets : TechCrunch: Gadgets

The price tag on Samsung’s comprehensive recall of all Note 7 devices shipped to date could be very expensive – Bloomberg reports an estimated total cost of around $1 billion for replacing all 2.5 million devices shipped since launc...

Samsung: Note 7 debacle will cost $3 billion in lost sales

Business & Finance : Business Insider: Money Game

Samsung announced its Galaxy Note 7 recall will cost the company about $3 billion (3.5 trillion won) in operating profit due to discontinued sales. It expects most of the lost sales (about $2.2 billion) to hit the bottom line next q...

Note 7 Recall Will Cost Samsung More Than $5B

Business & Finance : Business from Newser

Samsung says the discontinuation of the Galaxy Note 7 will cost the company about $3 billion during the current and next quarters, bringing the total cost of the recall to at least $5.3 billion. The Note 7 discontinuation will cost ...

Samsung Note 7 recall to cost at least $5.3 billion

Technology : Physorg: Technology news

Samsung Electronics said Friday that the discontinuation of the Galaxy Note 7 would cost the company about $3 billion during the current and next quarters, bringing the total cost of the recall to at least $5.3 billion.

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