Galaxy Note 7 said to ditch Samsung batteries for new units

Ever since the report emerged about the Galaxy Note 7 recall due to the battery issue, Samsung SDI’s stock price has dropped 2.76%.

An official recall would make it illegal for retailers to sell the Galaxy Note 7 in the US until the issue is resolved and a new, safer model of the device is available, according to 9to5Google. Samsung also made a decision to replace all Note 7 smartphones sold to customers with new ones. The South Korean electronics giant on Friday sid that it would halt sales of Galaxy Note 7 around the world.

Samsung’s affiliated battery maker Samsung SDI could bear a part of that cost.

The latest development sees Note 7 owners in Australia being offered full refunds or replacements if they return their devices to Samsung.

Apple will launch iPhone 7 and iPhone 7 Plus on Wednesday night (as per India time) at an event called See You There.

“Market sentiments are not with Apple at the moment and Samsung had to have a good run in months to come, buoyed by its super-successful S7 and S7 Edge devices and now Note 7”.

As many of you guys might have heard by now, Samsung has officially begun to recall the Galaxy Note 7 following several instances of the phone’s battery exploding.

Around three dozen Galaxy Note 7 devices – or some 0.1 per cent of the entire volume sold – were found to have batteries that caught fire and exploded.

“For customers who already have Galaxy Note 7 devices, we will voluntarily replace their current device with a new one over the coming weeks”.

Indeed, for Samsung, the damage to its reputation is probably much harder to shallow than the actual dollar amount – though the company did say the number was “heartbreaking”.

“Samsung is committed to our valued customers, where their safety and ongoing customer experience is our absolute top priority”, said Mr Eugene Goh, Vice President, IT & Mobile, Samsung Electronics Singapore.