Examination of the evidence from recent battery incidents suggests there is an issue with the batteries made by China’s Amperex Technology. The SDI batteries were slightly too large for the phone, according to a US consumer-safety agency. Samsung is a major shareholder in Samsung SDI. Before the 15 September recall, there had been 92 reports of Note 7 batteries overheating in the US, with 26 cases causing burns. Also Read: Samsung brand mystique at risk after death of Note 7 smartphoneThe move sent Samsung shares down 8% on Tuesday, vaporizing $17 billion in market value.

Source: Mint October 12, 2016 05:15 UTC