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Tag Archives: Samsung

Samsung’s woes highlight explosive limits of lithium batteries

Lithium-based batteries have been powering our portable devices for 25 years. But consumer demand for smaller, longer lasting devices is forcing manufacturers to push the technology, battery experts say, testing the limits of how much energy they can safely pack into smaller spaces. “A battery is really a bomb that releases its …

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Samsung scraps Galaxy Note 7 over fire concerns

Samsung Electronics Co Ltd (005930.KS) scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns. Samsung announced the recall of 2.5 million Note 7s in early September following numerous …

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Samsung halts Galaxy Note 7 sales over fire concerns, tells users to switch off

Samsung Electronics Co Ltd (005930.KS) halted sales of its Galaxy Note 7 smartphones on Tuesday and told owners to stop using them while it investigates reports of fires, fuelling expectations the tech giant will scrap the flagship device. Top U.S. and Australian carriers on Monday suspended sales or exchanges of …

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U.S. court reinstates Apple $120 million patent win over Samsung

A federal appeals court on Friday reinstated a $120 million jury award for Apple Inc (AAPL.O) against Samsung (005930.KS), marking the latest twist in the fierce patent war between the world’s top smartphone manufacturers. The court said that there was substantial evidence for the jury verdict related to Samsung’s infringement …

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Samsung sees third quarter profit jump as chip surge eases smartphone recall blues

South Korea’s Samsung Electronics Co (005930.KS) expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant. The world’s biggest smartphone maker said in a brief filing on Friday its …

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Samsung expects to get over 80 percent of recalled Note 7s in South Korea by October 1

Samsung Electronics Co Ltd (005930.KS) said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1, when the firm plans to resume sales of the device in its home market. Samsung, in a statement, reiterated its …

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Samsung to replace or refund 1 million U.S. Galaxy Note 7 phones

Samsung Electronics Co Ltd (005930.KS) formally recalled 1 million Galaxy Note 7 smartphones sold in the United States, replacing or refunding the flagship phones, whose susceptibility to catching fire has damaged the image of the Korean powerhouse. Samsung received 92 reports of batteries overheating in the United States, including 26 …

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Samsung, LG sued over U.S. employee recruiting policies

Samsung Electronics Co Ltd (005930.KS) and LG Electronics (066570.KS) were accused of agreeing not to poach each other’s U.S. employees, according to a U.S. civil lawsuit filed last week, in what has become a familiar allegation in Silicon Valley. The proposed class action, filed in a Northern California federal court …

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Samsung urges Note 7 users to switch off phones and turn them in

Samsung Electronics Co Ltd (005930.KS) on Saturday urged users of its Galaxy Note 7 phones to turn in their handsets as soon as possible as part of a recall aimed at limiting the damage caused by the fire-prone devices. The world’s top smartphone maker said last week it would exchange …

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