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Fire Catching phones

Samsung to reveal ‘Galaxy Note 7’ probe results in January: reports

SEOUL: Samsung Electronics Co Ltd (005930.KS) will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. The South Korean firm said in October it was examining all aspects of the phone, suggesting there may be a combination of factors that contributed to one of the costliest product safety failures in tech history. The world's top smartphone maker warned of a $5.1 billion hit to its…