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Samsung Electronics shares open down as firm flags Galaxy Note problem

When it comes to exploding batteries, news like this always comes out when a new smartphone is released. Samsung launched the latest version of the Note series just two weeks ago.

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So far there’s no word of a recall, or if this problem affects devices sold in the U.S. There’s also no news on why the devices exploded, though the battery is said to be the likeliest culprit. That is, Samsung SDI produces the battery cell, but the battery pack production is outsourced to other firms. With the Note 7, the company has invested in an extensive advertising campaign to help keep sales rolling along and to top rival smartphones such as the iPhone. The stock closed 2 percent lower in the previous session.

According to Chosun Ilbo, the South Korean tech giant plans to recall around 400,000 Note 7 units sold in South Korea.

It’s believed that Samsung Electronics has acquired the handset, which was rendered useless during the fire, and is carrying out extensive tests to determine the cause of the explosion.

The model retails at 988,900 won ($887.23) in South Korea.

Yonhap News said five or six explosions were reported by consumers. Pictures of damaged phones were uploaded on local online communities, social media and YouTube. The photos and accounts could not be immediately verified.

There were no confirmed reports of any injuries. This has led to Samsung reportedly delaying shipments of the handset while they attempt to verify the product quality, and now a report from ZDNet claims that we could be looking at a recall on our hands soon.

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The Samsung Galaxy Note 7 includes a stunning dual curved Super AMOLED 5.7 inch Quad HD display, which is credited as being the best ever found on any smartphone. According to the Yonhap News Agency, Samsung is also in contact with US carriers, which have embraced the Galaxy Note 7 with open arms and began selling the smartphone in late August.

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