9/17/16

Samsung will resume sales of Galaxy Note 7 in South Korea this month

Samsung will resume sales of its Galaxy Note 7 smartphone in South Korea later this month.
The world's largest smartphone maker halted the global rollout of its new phone on Sept. 2 after reports of the devices catching fire.
Since then, Samsung (SSNLF) has been scrambling to recall and replace 2.5 million Note 7s it had already sold.
Sales will resume in its home market on Sept. 28 and in other countries when conditions allow, a company spokeswoman said.
The Note 7's battery problem affected 0.1% of the phones sold worldwide since August. But the recall has wiped billion of dollars off the South Korean firm's market value.

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