After recalling the flagship phablet twice because of safety issues, Samsung finally announced today that the smartphone production has been halted for good
London & New York, Oct. 11, 2016, Red Newswire/-
The ill-fated Samsung Galaxy Note 7 is going out of the market for good now. Samsung announced today that production of this super-phone is going to be stopped for good.
The Note 7 was a very powerful device which got extremely positive reviews from the likes of Engadget, TechRadar, The Verge and countless other tech websites. With that in perspective, the electronics manufacturer was hoping to sell at least 20 million phablets. Sadly, this dream was splattered by the fact that the Galaxy Note 7 turned out to be a portable hand grenade.
The Korean giant was having a hard time coping with the easily combustible Note 7's. After initial reports that the smartphones were spontaneously burning down, the company started recalling them. At this point, Samsung had sold at least 2.5 million units.
Bearing heavy losses, Samsung started either reimbursing users for their devices or offering them replacements. Believing that the trouble was with the batteries of the device, Samsung manufactured a new set of Note 7's with updated battery packs.
All was well until reports about the updated Note 7's exploding started hitting the internet again. In fact, the smartphone centered a lot of buzz after it caused the evacuation of a Southwest Airlines flight and a fire that sent a Kentucky owner to hospital with smoke inhalation.
Now, the company has given up on the giant smartphone altogether. It stated today that keeping consumer safety as its priority, it has discontinued the overall production of the Galaxy Note 7. It might eventually start recalling all of the Note 7's in the wild, but there hasn't been any news about that yet.
Following this announcement, Samsung's shares fell by 8 percent.
Image credits: Forbes