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Samsung reveals cause of exploding Note 7 cellphones
- CLOSE Skip in Skip x Embed x Share Samsung held a press conference Monday to discuss its findings on the Galaxy Note 7.The company placed most of the blame on its battery suppliers.NewsySamsung tests the durability of its batteries at a facility in Gumi, South Korea.(Photo: Samsung)NEW YORK—Following an investigation that took months, Samsung Electronics has revealed the root causes behind those exploding Note 7 phones: design and manufacturing flaws associated with the lithium-ion batteries used in the phones, which were produced by Samsung's battery suppliers.
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Samsung Elec fourth-quarter profit jumps as record chip profit masks Note 7 failure
- An exchanged Samsung Electronics' Galaxy Note 7 is seen at the company's headquarters in Seoul, South Korea, October 13, 2016.REUTERS/Kim Hong-Ji/File PhotoSEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said fourth-quarter operating profit jumped 50 percent, matching its earlier guidance, as record earnings in its chips business masked the negative impact of its failed Note 7 phones.The world's biggest maker of smartphones and memory chips said October-December operating profit was 9.22 trillion won ($7.93 billion), compared with prior guidance of 9.2 trillion won.Revenue remained flat at 53.3 trillion won from the same period a year earlier, versus its estimate of 53 trillion won.
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Samsung says batteries caused Note 7 fires, may delay new phone launch
- SEOUL Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices.Wrapping up its months-long probe, the world's top smartphone maker said faulty batteries from two suppliers were to blame for a product failure that wiped $5.3 billion off its operating profit.Samsung mobile chief Koh Dong-jin said procedures had been put in place to avoid a repeat of the fires as the South Korean firm prepares to launch the Galaxy S8, its first premium handset since the Note 7's demise."The lessons of this incident are deeply reflected in our culture and process," Koh told reporters at a press briefing.
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