General Hardware Mobile

Galaxy Note 7: Going Down in Flames

Hmmm, from CNN:

The South Korean tech giant announced this week it was killing off its flagship Note 7 smartphone. The move came after reports kept emerging of the devices catching fire — even after Samsung ┬áhad promised customers that replacement phones it was providing were safe…

…But even more pain could be yet to come. Nomura Securities predicted this week that the decision to ditch the Note 7 would cost Samsung $9.5 billion in lost sales and put a $5.1 billion dent in profit between this month and the end of 2017.

Source: Galaxy Note 7: Samsung’s losses keep mounting – Oct. 14, 2016

Video, including flaming phones, at the link.

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