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Samsung Shoots for the Stars After Galaxy Note 7 Disaster
- Stocks mentioned in this story: AAPL, IBM, TSLAOnly in the high-stakes world of smartphones could something that costs roughly $40 turn into a headache worth $5.3 billion.The lesser of those numbers: the price of a typical Samsung Galaxy Note battery.And the higher: the cost of the Samsung Galaxy Note 7 recall.Batteries that caught fire without warning literally turned the phone into a spectacular flameout and the most monolithic debacle in smartphone marketplace history.
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Samsung to announce cause of Galaxy Note 7 fire on Jan. 23
- SEOUL, South Korea (AP) – Samsung Electronics says it will announce on Jan. 23 the reason why its Galaxy Note 7 smartphones overheated and caught fire.The announcement will be livestreamed in Chinese, English and Korean on its websites.Koh Dong-jin, Samsung's mobile president, will give details of the probe.The Galaxy Note 7 was a fiasco for the world's largest smartphone maker.
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Samsung Investigation Blames Irregular Battery Size, Manufacturing Issues For Exploding Galaxy Note 7
- AdvertisementSamsung is set to reveal on Jan. 23 the results of its investigation into what caused the Galaxy Note 7 smartphones to catch fire and explode.According to a source, Samsung has pinpointed the batteries of the device as the reason behind the explosions, with the hardware and software of the smartphone not involved in the controversial defect of the Galaxy Note 7.A new report from the Wall Street Journal, however, provides more detail on the results of the investigation by Samsung in advance of the company's official announcement next week.Irregular Size, Manufacturing Problems Caused Galaxy Note 7 Battery DefectsAccording to the Wall Street Journal, the results of the investigation by Samsung found that some of the batteries manufactured for the Galaxy Note 7 were irregularly sized, and so they did not fit correctly into the space reserved for them within the smartphone.
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