Samsung Electronics to launch refurbished Note 7 phones in Korea from July 7


FILE PHOTO: A woman talking on her mobile phone walks past an advertisement promoting Samsung Electronics' Galaxy Note 7 at company's headquarters in Seoul, South Korea, October 11, 2016. REUTERS

SEOUL: Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year.

Samsung said in a statement it will offer 400,000 phones, dubbed the Galaxy Note 7 Fan Edition, in its home country priced 699,600 won ($611) - about 30 percent lower than the Note 7's original launch price. The devices will be made from recalled, unsealed Note 7 handsets and unused Note 7 components.

Batteries for the refurbished devices will have a lower capacity than those of the original Note 7s, but have passed new safety measures implemented following the recall, Samsung said.

The world's biggest smartphone maker by volume was forced to halt sales of the Note 7 in October, roughly 2 months after its launch, due to fire-prone batteries from two different suppliers. The incident cost Samsung over $5 billion in operating profit and damaged its reputation, though the firm has since recovered with the successful launch of the Galaxy S8.

The firm said earlier this year it planned to sell refurbished Note 7s after investigations by Samsung and independent firms concluded the batteries were solely responsible for the fires.

Samsung also plans to hold a launch event for the Note 8 in the second half of August, a source told Reuters last month.

The firm said it will decide whether to sell the refurbished Note 7s in other markets at a later date. It has said it does not plan to offer the device in the United States or India. - Reuters

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to open sharply higher on soft jobs data
US job growth slows in April; unemployment rate rises to 3.9%
HSBC has no plans to dispose of further businesses, Chairman says
MJets Air inks aircraft charter agreement with Teleport
Ringgit extends gains to end higher against US dollar
S P Setia to launch Nadi 2, Setia Commerce Square in Setia EcoHill 2, Semenyih this weekend
Farm Price IPO oversubscribed by 91.35 times
XOX to undertake RM303mil capital reduction
Uzma bags contract from Sarawak Shell
Loob Holding eyes Tealive chain expansion into Indonesia by year-end

Others Also Read