Samsung Stops Galaxy Note 7 Smartphone Shipments as Safety Suspicions Spread
SEOUL—Samsung Electronics Co.'s mobile revival was thrown into doubt as the technology titan halted shipments of its latest smartphone in South Korea.Investors wiped more than $4 billion off Samsung's market capitalization Thursday, after the company's confirmation late Wednesday of a delay in shipping the larger-screen, waterproof Galaxy Note 7—launched less than two weeks ago—for additional testing.Samsung spokesman...
Samsung to Recall Galaxy Note 7 Smartphone Over Reports of Fires
SEOUL—In one of the biggest global recalls of smartphones, Samsung Electronics Co. said it would replace millions of Galaxy Note 7 devices because of battery fires—dealing a blow to the company's recovery efforts.The world's largest smartphone maker by shipments said it halted sales of its Galaxy Note 7 phone after customers reported their...
Samsung Recalls Galaxy Note 7; IDC Slashes Smartphone Estimates; China Probes Uber-Didi Deal -- Eye On Tech - Uber (Private:UBER)
Chinese regulators take a closer look at the Uber-Didi Chuxing deal, although sources say it is likely to be approved still.The IDC slashed its 2016 smartphone shipments growth estimates to 1.6% from 3.1%.Google will shut down its Project Ara plans, which was the company's modular smartphone initiative.
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