A series of reports since last week said that the Note 7 had caught fire while charging and some customers uploaded pictures of their burned-out devices on the internet. Photo: ReutersSamsung Electronics Co. is expected to announce a global recall of the large-screen smartphone Note 7 because of faulty batteries that catch fire, Yonhap news agency reported, citing an unidentified company official. We will share the findings as soon as possible,” Samsung said in a statement. The Galaxy smartphone maker said on Wednesday that it delayed shipments of its new devices to mobile carriers, citing more testing needed for quality checks without elaborating on the cause. Shares of Samsung Electronics declined 2% to 1,587,000 won Thursday, while its battery affiliate, Samsung SDI Co., lost 6.1% to 108,500 won.

Source: Mint September 02, 2016 03:00 UTC