October 11, 2016
It Was Fun While It Blasted: The Samsung Galaxy Story
In an unprecedented move, Samsung Electronics will no longer produce or market the Galaxy Note 7 smartphone, a device once lauded for its high speeds and hot style. So hot, you could even say that the Galaxy Note 7 was literal flames… until they began catching fire. Samsung rushed to address reports that Note 7 devices could overheat and burst like an exploding sun in the actual galaxy and after a few recalls, it looked as though the Korean company survived the heat. But recently, new reports revealed that some of the “repaired” devices were continuing to overheat, smoke and even “burst into flames.” The company’s shares fell 8% yesterday and it’s estimated that the recall cost them nearly $17 billion. If there is a bright side, Samsung originally created the Galaxy Note 7 to beat this year’s “dull” iPhone. They certainly achieved that goal.
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