Most people are probably very familiar with all the problems that were reported concerning the Samsung Galaxy Note 7s. For example, reports surfaced about a person that had that model on a plane. It was reported that the phone exploded. Other reports have surfaced about similar problems occurring with the phone model. Certainly, this led to major concern for any consumer that owned a Samsung Galaxy Note 7s. Samsung Electronics seemed to be ignoring the world-wide criticism of the phone. This led to consumers thinking that the company did not care about their customers’ safety. Well, things have changed. Samsung is pulling the plug on production of the Galaxy Note 7 smartphones permanently.
Samsung Galaxy News
Recently, Samsung stopped the production of the popular phone series. This was in response to all the negative press that was surrounding the defective device that they produced. Reports were continually surfacing about people reporting that the battery in their Samsung Galaxy would explode without any notice. This led to a lot of concern and some transportation services banning the Samsung Galaxy. Numerous people were taking a second look at the device that was manufactured by the South Korean company. Some consumers were starting to lose faith in Samsung too.
Samsung announced that they had discovered defects in the Samsung Galaxy 7s battery that caused explosions. Well, this was something that their customers were already too familiar with and very nervous about. Their delay in announcing their plans to pull the phone out of production resulted in sales dropping along with the price of shares with their company. This is the biggest financial crisis that the company has experienced in years. China’s product safety regulatory also announced that it would immediately recall all the Galaxy Note 7 smartphones that were sold in mainland China. It is reported that sales amounted to about 191,000 units.
Samsung Refunds On The Horizon
Samsung has decided to do the right thing and refund the price of the phone to customers in China or replace the phone with another Samsung phone model.