Samsung has made a final decision to halt the production and sales of the Galaxy Note 7. After some of the replaced devices burst in flames, Samsung management decided to make a very unpopular, but necessary decision to stop the sales and production of Galaxy Note 7.
Not-so magnificant seven going to cost billions
Samsung appears to have made a pig’s ear of its Galaxy Note 7 recall and is ordering its resellers to stop sales and exchanges of the device pending investigation into the latest incidents.
Second recall is possible, but no announcement yet
Back in August, when the Samsung Galaxy Note 7 launched, reports surfaced of battery problems causing device overheating and combustion, and the company issued a global device recall after several people experienced property loss and various minor injuries.
Rest of the business doing brilliantly
Samsung expected to report a higher than expected third quarter profit, despite having to write off a fortune because of the global recall of its Galaxy Note 7.
Total Recall puts "explosions" behind it
Samsung's Galaxy Note 7 is available for purchase again, at least in South Korea, and other regions across the globe will see the re-launch of the device in the coming weeks.
In South Korea and the United States
Samsung says that it has got back more than 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea and the United States.
Users don’t want to let them go
Despite all the horror stories in the Tame Apple Press, and the fact the product is having a recall, Samsung Note 7 owners are not handing over their machines.
Forbidden to use on this flight
One of the many flights that I took this year was slightly different. The flight attendant made an announcement that it is forbidden to use Galaxy Note 7 onboard on Niki airlines – a subsidiary of Air Berlin.
Samsung has told Galaxy Note7 users to turn off their phones and go back to their old ones until the replacements show up.
2.5 million phones being returned
The Samsung Galaxy Note 7 recall sounds like one of the biggest in the last few years and it looks like the company has to recover as many as 2.5 million phones from its customers. This is likely to cost Samsung close to a billion dollars and it will eat up any potential profits it was making from these phones.