Samsung shares continue their drop after FAA warning against on Galaxy Note 7 explosion risks.
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Samsung Electronics’ woes mounted Friday with the U.S. Consumer Product Safety Commission urging consumers to power down and stop charging or using their Galaxy Note 7 smartphones, after reports of the overheating and bursting of the lithium-ion battery in the device in some cases.
The Directorate General of Civil Aviation banned passengers from carrying Galaxy 7 in “switch on” mode on flights or stowing them in any checked in baggage.
The South Korean smartphone maker last week suspended sales of the phablet and recalled 2.5 million units following of problems with batteries exploding or burning while charging.
Samsung plans to provide Galaxy Note 7 devices with new batteries in South Korea starting on September 19.
US aviation safety officials also on Thursday took the unusual step of warning airline passengers not to turn on or charge the phone during flights, or put them in checked bags. How, in the long run, will this affect the future of the Galaxy Note 7 and of Samsung?
Global aviation regulators like the US Federal Aviation Authority and the Australian aviation regulator warned passengers not to turn on or charge their phones on flights.
The growing list of other airlines that have imposed the same ban includes Singapore Airlines, Qantas, SAS, Etihad and Virgin Australia.
After almost a month of its launch, Samsung Galaxy Note 7 has started making headlines worldwide.
On Friday, Consumer Reports welcomed the progress on an official recall, saying that besides making it illegal to sell the phone, it would lead to government oversight of the replacement program and provide clear guidance to consumers.
The strong warning came at a time when the south Korean giant is dealing with the global recall of almost 2.5 million Galaxy Note 7 shipped so far across the world.
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Galaxy Note 7 is Samsung’s latest Note flagship handset which was officially launched by the company a few weeks back.
