Samsung could have its own Apple Park with $5 billion, but has the ashes of Galaxy Note 7 instead

There are a lot of ways to blow through $5,000,000,000. Apple supposedly spent that much building its new Apple Park campus, while Samsung says it figuratively (and literally) will burn through that much capital in the aftermath of rushing its flawed Galaxy Note 7 to market and then pulling it off shelves in one of the worst operational catastrophes in the history of the smartphone industry.

Daniel Eran Dilger 9 years ago 72

Industry so far 'lukewarm' towards Samsung's post-Note 7 battery testing standards

Carriers and phone makers have so far largely ignored Samsung's efforts to promote its new battery testing procedure — created in the aftermath of the fire-prone Galaxy Note 7 — as a possible industry standard, a report said on Friday.

Roger Fingas 9 years ago 23

Samsung reportedly plans to refurbish, resell Note 7 in emerging markets

Samsung is planning to sell refurbished units of the Galaxy Note 7 with smaller batteries in emerging markets, according to a South Korean report, in an attempt to mitigate some of the costs incurred as part of the electronic giant's battery-related smartphone recall.

Malcolm Owen 9 years ago 41

US CPSC working to improve battery safety standards following Samsung Note 7 debacle

The U.S. Consumer Product Safety Commission is urging producers of lithium-ion batteries to modernize their safety standards, in order to minimize the possibility of faulty batteries causing fires in consumer devices, in the wake of the Samsung Galaxy Note 7 recall fiasco.

Malcolm Owen 9 years ago 5

Samsung's chip & Galaxy S7 sales help push Q4 revenues over the top despite Note 7 disaster

In spite of the major financial hit it took after the Galaxy Note 7, Samsung Electronics on Tuesday said it managed a 50 percent boost in operating profits during the December quarter, thanks to a combination of high chip sales and other phones filling in the gap.

Mike Wuerthele 9 years ago 11

Samsung Galaxy S8 to miss Mobile World Congress debut in aftermath of Note 7 fires

Owing to precautions set up in the wake of the Galaxy Note 7, Samsung's next rival to the Apple iPhone — the Galaxy S8 — won't be revealed at late February's Mobile World Congress show in Barcelona, the company's mobile head revealed on Monday.

Roger Fingas 9 years ago 20

Galaxy Note 7 investigation concludes, pair of issues will cost Samsung $5 billion

Samsung has concluded its investigation involving the 2016 Galaxy Note 7 fires, and has determined that two different flaws resulted in the conflagrations in the failing devices, with one creeping in after a too-quick investigation.

Mike Wuerthele 9 years ago 39

Samsung to reveal cause of Galaxy Note 7 explosions on Sunday

Samsung is looking to close the book on last year's Galaxy Note 7 debacle with a press conference on Sunday, at which the company intends to reveal results of multiple investigations into the smartphone explosions.

Mikey Campbell 9 years ago 23

Samsung testing confirms battery problems to blame for Galaxy Note 7 fires

Internally, Samsung has concluded that the battery — and not any faults in software, or other hardware — was reportedly to blame for the fires that led to the recall and ultimate cancellation of the Galaxy Note 7.

Roger Fingas 9 years ago 27

Love is blind: NPD says Android customers are so committed that exploding Note 7 did little to help Apple

Like loyalty to a political party or hometown sports team, smartphone users are extremely passionate about their choices — a commitment that led many customers to stick with Samsung, despite the disaster of its downright dangerous Galaxy Note 7.

Neil Hughes 9 years ago 44

Verizon turns down Note 7 'kill' update as Apple rejects 'Samsung Pay Mini' at App Store

Verizon won't be joining other U.S. carriers in pushing out a "kill" update for the fire-prone and now defunct Samsung Galaxy Note 7, according to an announcement. In the meantime, Apple has allegedly rejected a "Samsung Pay Mini" app at the iOS App Store, possibly deflecting competition for Apple Pay.

Roger Fingas 9 years ago 30

Samsung to permanently disable any remaining US Galaxy Note 7 models

Samsung is reportedly adopting even harsher methods to prevent people from using the few remaining Galaxy Note 7s in the wild, planning an imminent U.S. software update that will render them useless.

Roger Fingas 9 years ago 21

Independent Galaxy Note 7 analysis theorizes that too-tight battery led to inevitable failures

An independent analysis of the Galaxy Note 7 suggests that Samsung engineered the device too tightly, and failed to give the battery any buffer between it and the surrounding metal of the case, which lead to the conflagrations experienced by more than 100 users in the summer and early fall.

Mike Wuerthele 9 years ago 15

Samsung takes out full-page ad to apologize to Galaxy Note 7 users for quality issues

Attempting to put the Galaxy Note 7 debacle behind it, Samsung has paid for a full-page apology to consumers that appeared on Tuesday in the New York Times, Wall Street Journal, and Washington Post.

Mike Wuerthele 9 years ago 31

Galaxy Note 7 fiasco leaves Samsung mobile profits a smoldering ash pile

As expected, the Galaxy Note 7 disaster set fire to Samsung's operating profits in the September quarter, with the company's mobile unit posting a 96 percent decline to 100 billion Korean won (about $87.9 million) as compared to the same time last year.

Mikey Campbell 9 years ago 15

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