Samsung halts production
of troubled Galaxy Note 7
South Korean firm urges users to turn
phone off immediately as analysts say
recall could cost company $17 billion.
Samsung has announced a total halt to
production and a recall of its troubled
Galaxy Note 7 smartphone, citing continued
safety concerns over the device bursting
into flames.
Analysts have said that the move could
cost the world's top smartphone maker $17bn,
a huge blow as it fights Apple for domination
of the market.
"We recently readjusted the production
volume for thorough investigation and
quality control, but putting consumer
safety as top priority, we have reached a
final decision to halt production of Galaxy
Note 7s," the company said in a statement
on Tuesday.
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