Samsung takes $10 billion hit to end Galaxy Note 7 fiasco

The South Korean firm decided Tuesday to permanently halt sales and production of the Galaxy Note 7 just hours after telling customers to stop using all versions of the smartphone. Its stock plummeted 8% in Seoul, wiping about $17 billion off the company's market value.

Samsung: Have 'exploding' Galaxy Note 7s burned the brand?

The company asked customers to return their handsets after some users reported their phone had "exploded" during or after charging.

The firm said that battery problems were behind phones catching fire.

Samsung had sold about 2.5 million Galaxy Note 7 devices across the world before the recall.

In South Korea about 80% of those sold have been returned to be replaced.

In Europe and North America the figure is lower but still way above 50%, according to company sources.


Samsung in 'exploding washing machines' probe

The Consumer Product Safety Commission (CPSC) warned of problems with some of Samsung's top-load machines.

It comes as a US law firm filed a suit against the South Korean firm, saying the fault can lead to injury or damage.

The problems follow Samsung's global recall of its Note 7 smartphone over "exploding" batteries.


Samsung shares slide on Galaxy Note 7 recall

The South Korean company's shares dropped more than 6% on Monday.

Samsung recalled 2.5 million phones last week after reports of the device exploding during or after charging.

Airline passengers were warned by US authorities not to use or charge the phones while on board.

Aviation authorities in several other countries and individual airlines have since then also banned the use of the devices on their flights.

Samsung urges Galaxy Note 7 phone exchange urgently

Samsung recalled 2.5 million phones last week after reports emerged of the device exploding during or after charging.

And airline passengers were warned by US authorities not to switch on or charge the phones while on board.

The South Korean company said it would replace all devices that were handed in from 19 September.

statement by Samsung, the world's biggest mobile phone maker, said "our customers' safety is an absolute priority".

Samsung shares fall over Galaxy Note fears

Samsung said: "Shipments of the Galaxy Note 7 are being temporarily delayed for additional quality assurance inspections."

There are reports in South Korea and the US of the Galaxy Note 7 "exploding" either during or just after charging.

However, it is unclear whether the delay is because of these reports.

Pictures and videos shared online depict charred and burnt handsets.

Shares fell as much as 3.5% during trade in Seoul before making a partial recovery to close 2% down on the day.

With Galaxy Note 7, is Samsung getting too far ahead of Apple?

The Galaxy Note 7 is miles ahead of the iPhone.” That recent headline at tech site TechnoBuffalo may strike some as clickbait. (It’s not.) Rather, it’s a gadget-savvy writer – Todd Haselton — simply expressing his chagrin at the widening technological gap between Samsung andApple AAPL +0.21%.

Samsung’s high, files patent with Apple Watch design

So, what’s the big deal? Their new smartwatch looks like the Apple’s iWatch. Now, that’s a big deal.

Samsung is not eyeing another patent war with Apple, hopefully, they aren’t. Because, the last time when they did it, they had to suffer for it. A California court had ordered Samsung to pay 548 million dollars.


Samsung unveils Batman-themed S7 Edge 'Injustice Edition'

This year Samsung decided to create a Batman themed version of the Galaxy S7 edge called Injustice Edition. Samsung partnered with Warner Bros.

Interactive Entertainment and DC Entertainment for the S7 edge Injustice Edition to celebrate the third anniversary of the Injustice: Gods Among Us mobile video game featuring DC Comics characters such as Batman, Batgirl, Catwoman, Green Lantern, Harley Quinn, Joker, Lex Luthor, Superman and Wonder Woman.

Samsung smart clothes connect your body to an app

Samsung has featured its wearable tech Smart Suit at CES 2016, which includes a button that puts your phone into "do not disturb" mode and can share contact details, getting rid of the need for business cards to be exchanged (via Mashable).

The technology isn't particularly groundbreaking - it's just an NFC tag that has been sewn into a suit - but the difference the Smart Suit offers is being part of a group of fabrics that don't look out of place.