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Investors demand answers, new phone from Samsung after Note 7 fire fiasco

SEOUL: Samsung Electronics Co Ltd needs to quickly find the cause of the fires that led to it pulling its Galaxy Note 7 smartphones and get a new model to market, investors said on Wednesday, as shares in the company slipped to a one-month low. The world's top smartphone maker on Tuesday scrapped the $882 flagship smartphone in what could be one of the costliest product safety failures in tech history. Samsung announced the recall of 2.5 million Note 7s in early September following reports of the phones catching fire. The…

Google expected to unveil new phones at San Francisco event

NEW YORK: Alphabet Inc's Google is expected to unveil new smartphones at an event on Tuesday, the company's latest effort to sell consumers on a Google-branded device and to challenge Apple Inc at the high end of the market. Analysts predict the San Francisco product launch will also showcase other Google hardware initiatives, including a voice-controlled speaker system called Home to challenge Amazon.com Inc's Echo device, and a virtual reality headset. The most eagerly expected offering is a pair of smartphones released…