Samsung’s Galaxy Note 7 recall could cost the company $1B

Samsung’s Galaxy Note 7 recall could cost the company $1B

By Darrell Etherington

Galaxy Note 7

The price tag on Samsung’s comprehensive recall of all Note 7 devices shipped to date could be very expensive – Bloomberg reports an estimated total cost of around $1 billion for replacing all 2.5 million devices shipped since launch.
Samsung initiated a voluntary recall of the Note 7 last week after investigating scattered reports of exploding batteries in a small number of devices. Read More

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Source:: TechCrunch Gadgets

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