Search Results for: SAMSUNG

Samsung America president apologizes for Note 7 battery debacle in new video

In an attempt to mitigate the negative publicity and sales loss caused by the exploding Note 7, Samsung America president and COO Tim Baxter appeared in a video released on the company’s U.S. newsroom site to explain the facts of what the company continues to call a ‘voluntary recall.’ The video starts out on an…

Samsung plummets $26B in market value following Galaxy Note 7 recall

Following the announcement that it’s recalling all Galaxy Note 7 devices because of explosive battery issues, Samsung has lost $26 billion in dollar value. Shares of the company dropped 6.9 percent between the Korea Exchange’s close on Friday and Monday, according to financial data company Factset. Specifically, the company lost 28 trillion won (about $26…

HP to acquire Samsung’s printer division for $1.05B

In the midst of Samsung’s Note 7 debacle, the company announced its intention to sell its printer division to HP Inc for $1.05 billion. The sale was reportedly approved by the company’s board of directors on September 12th, as part of an effort to concentrate on its core business areas. Samsung claims that its printer…

Samsung sold approximately 21,953 Galaxy Note 7 devices in Canada

Almost two weeks after a voluntary recall was issued for the Galaxy Note 7 due to the phone’s explosion-prone 3,500 mAh battery, Samsung and Health Canada have announced an official recall. The Note 7 went on sale in Canada on August 19th and was pulled globally on September 1st. To date, Samsung sold 2.5 million…

Samsung officially recalls Galaxy Note 7 devices

Samsung Canada today announced it is officially recalling the Galaxy Note 7 smartphone it sold from August 19th to September 1st of this year. “The Samsung Note7 smartphone battery has the potential to overheat and burn, posing a potential fire hazard,” says the Health Canada posting, “Health Canada and Samsung Canada have received one report…

Safe Samsung Galaxy Note 7 replacements will be marked with blue ‘S’ sticker

Concerns about the Samsung Galaxy Note 7 are at an all-time high with the news that one of the afflicted devices exploded in a 6-year-old boy’s hands in Brooklyn, burning him and sending him to hospital. Meanwhile, the company has instated a voluntary exchange program for Canadian customers, but has not yet issued an official…

Samsung tells consumers to stop using the Note 7 immediately

The nightmare continues for Samsung. First, the FAA warned against bringing the Galaxy Note 7 on planes, then Transport Canada followed suite with its own caution, and finally, Health Canada is now working with Samsung on the smartphone’s recall. Now, Samsung has released a statement urging people to stop using the Note 7 immediately and…

Samsung Canada is working with Health Canada to complete Note 7 recall

Any big product release can easily end up being plagued by problems, but manufacturers usually hope for a minor ‘bend-gate,’ or an issue that can be fixed by offering affected users a free case. Problems of that scale might end up with a some bad press and late night jokes, but typically no lasting damage…

Samsung launches Galaxy Folder 2 flip-phone in China

Flip phones are back, at least in China. Samsung has launched its new Galaxy Folder 2 flip-phone in China. The handset, which is a throwback to the fondly remembered mobile era of flip phones, features a Qualcomm Snapdragon 425 processor and 2GB of RAM. The device also features 16GB of internal storage, a microSD card…

Samsung may go edge only for the Galaxy S8

Samsung may not make a flat panel version of its next Galaxy S8 smartphone, according to The Korean Herald. Citing its own sources, the publication says Samsung has already started procuring curved 5.1 and 5.5 inch displays, the same display sizes in use with this year’s Galaxy lineup. As 9to5Google notes, if the rumour is true,…

How to replace your Samsung Galaxy Note 7 in Canada

The Galaxy Note 7 might have come out to rave reviews, but its battery’s tendency to explode meant the company had to recall all units that were initially shipped, which will likely result in a loss of approximately $1 billion for the handset behemoth. If you were among the early buyers in Canada, however, you’ll…

Note 7 recall estimated to cost Samsung $1 billion

Samsung may spend as much as $1 billion USD to replace all of the 2.5 million Note 7 smartphones it recalled last week. That’s according to an estimate by Bloomberg. To put that amount in perspective, it represents less than 5 percent of Samsung’s $20.6 billion projected net income for the year. Indeed, for Samsung, the…

BlackBerry to provide secure Samsung tablets to the German government

BlackBerry’s software outlook hasn’t been so sunny in the last few years, with its BB10 operating system mostly unused by consumers, and with less than stellar hardware sales. However, there is still some interest in the secure communications aspect of BlackBerry technology, and certain enterprise businesses and government departments still rely heavily on the hardware….

Samsung recalls Note 7 smartphones in Canada over explosive batteries [Update]

Earlier this week, reports surfaced citing that the 3,500 mAh battery in the Galaxy Note 7 is heating up and exploding, which forced Samsung to delay shipments of the smartphone in order to conduct further product quality testing. Now, the company has announced a full recall of the 5.7-inch device in Canada, as well as several other markets. “To…

Galaxy Note 7 delays cuts Samsung’s market value by $7 billion

After reports of exploding batteries in the newly launched Galaxy Note 7 came in from South Korea, Samsung was forced to delay shipments of the smartphone until further testing could take place. Once it became apparent that shipments of Samsung’s newest flagship devices were delayed, investors drove the company’s stock down to a two-week low, in…