Tag: Samsung batteries

Reports of exploding batteries knock $7 billion off Samsung

Reports of exploding batteries knock $7 billion off Samsung

Written by on September 1, 2016 in News with 0 Comments

SEOUL (Reuters) – The recovery in Samsung Electronics Co Ltd’s mobile business suffered a blow on Thursday as reports of exploding batteries forced the firm to delay shipments of Galaxy Note 7 smartphones, and knocked $7 billion off its market value. Investors drove the stock to two-week lows after the global smartphone leader told Reuters […]

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