Samsung Electronics said Friday that the discontinuation of the Galaxy Note 7 would cost the company about $3 billion during the current and next quarters, bringing the total cost of the recall to at least $5.3 billion.
Samsung Electronics said Thursday it has expanded its recall of Galaxy Note 7 smartphones in the U.S. to include all replacement devices the company offered as a presumed safe alternative after the original Note 7s were found ...
Samsung Electronics on Wednesday slashed its latest quarterly profit estimate by one third in the wake of a highly damaging recall crisis that ended with the scrapping of its latest flagship smartphone.
Samsung Electronics said Wednesday it is sending fire-resistant packages to its customers in the U.S. as a precaution against possible fires or explosions from Galaxy Note 7s they return to retailers.
The fiasco of Samsung's fire-prone Galaxy Note 7 smartphones—and Samsung's stumbling response to the problem—has left consumers from Shanghai to New York reconsidering how they feel about the South Korean tech giant and ...
Samsung's new smartphone was launched with the expectation of scaling new heights in a highly competitive, rarified market. Instead it has left the company staring into the abyss.
Samsung Electronics said Tuesday that it is stopping production of Galaxy Note 7 smartphones permanently, a day after stopping global sales of the ill-fated devices amid reports that batteries were catching fire.
Samsung's crisis with its Galaxy Note 7 smartphone deepened Monday as the company confirmed it has adjusted its production following reports that newly released versions offered as replacements for recalled fire-prone devices ...
Samsung Electronics responded warily Thursday to a proposal by US hedge fund Elliott Management to split the South Korean tech giant into two companies but markets cheered the plan, sending its shares to a record high.
Samsung Electronics is joining the race to create the smartest digital assistant by acquiring Viv, a Silicon Valley startup launched by the same entrepreneurs who sold Siri to Apple.