Web
Analytics
The news is by your side.

Galaxy Note 7

Samsung says Q4 profits up 50% despite Note7 recall

SEOUL: Samsung Electronics' profits leaped in the fourth quarter, it said on Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world's largest smartphone maker. The South Korean tech giant took another blow when prosecutors began investigating its involvement in a corruption scandal, which has seen the country's president impeached, and sought the arrest of the firm's de facto leader Lee Jae-Yong. In a statement, the group's flagship subsidiary Samsung Electronics said it posted…

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…

Galaxy Note 7 recall did not damage Samsung brand in US: poll

SAN FRANCISCO: A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt US consumers' willingness to buy Samsung Electronics (005930.KS) phones, a Reuters/Ipsos opinion poll released on Sunday showed. The survey conducted Oct. 26 to Nov. 9 found that current Samsung smartphone users were as loyal to their brand as Apple Inc (AAPL.O) iPhone customers. It also found that people who knew about the recall were as interested in Samsung phones as those who did not. Samsung was plunged into a global…

Samsung America says it has replaced most recalled Galaxy Note 7s

Samsung Electronics America said on Friday it has replaced nearly 85 percent of all recalled Galaxy Note 7 devices as it works to resolve the issue of fire-prone phones. South Korean parent company Samsung Electronics Co Ltd announced the global recall of at least 2.5 million Note 7s in early September following numerous reports of the smartphones catching fire. Samsung will be releasing a software update in the coming days to limit the phone's ability to charge beyond 60 percent, Samsung Electronics America said in a…

After Galaxy Note 7, Samsung is recalling this consumer product over reported injuries

Samsung Electronics, which is already reeling from a global recall of its Note 7 smartphones, said it would recall about 2.8 million of its top-load washing machines in the United States to address safety concerns. The top of the washing machines can unexpectedly detach from the chassis during use, posing a risk of injury from impact, the US Consumer Product Safety Commission said in a statement on Friday. The machines being recalled were manufactured between March 2011 and November 2016. The models to be…

Samsung CEO says firm must learn from Note 7 crisis

Samsung Electronics Co Ltd Chief Executive Kwon Oh-Hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone. Without referring directly to the failure of the fire-prone Note 7s, Kwon said in a statement Samsung employees should look back and ask whether they had been complacent in their work. "We have a long history of overcoming crises," Kwon said. "Let us use this crisis as a chance to make another leap by re-examining and thoroughly…

Samsung says Note 7 probe open to ‘all possibilities’

SEOUL: Samsung on Thursday acknowledged technical problems that killed off its Galaxy Note 7 may extend beyond its battery, and vowed an ongoing probe would examine all elements of the flagship smartphone. "We are investigating every aspect of the device including battery, hardware and software with the probe open to all possibilities," said J.K. Shin, Samsung co-CEO and former head of its mobile unit. "We are trying to completely figure out if there was any error on other parts...it could be a battery, or could be…