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Business Series

Note 7's burning battery problem slams Samsung's profits

Samsung has revealed it is going to take an initial two billion euro hit from scrapping the Galaxy Note 7 smartphone.

Business Series

Samsung abandons production of Note 7

In a statement, the company says it has made a "final decision" to stop making its star product. It comes in the wake of reports of devices spontaneously catching fire.

South Korea

Samsung announces total halt in production of Galaxy Note 7

Samsung halts production and sales of the Galaxy Note 7 and urges users to turn off the device amid renewed reports of fires.

South Korea

Samsung suspends production of Note 7 - reports

News comes after reports of fires in replacement devices. Sources have not specified if specific problems identified or when production was halted.

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USA

Replacement Samsung Galaxy Note 7 catches fire on plane

A replacement model of the fire-prone Samsung Note 7 smartphone began smoking inside a US plane on Wednesday.

Business Series

Google takes on Apple and Samsung with its new smart phone

Google has launched a new line in smartphones along with other gadgets designed to take on electronic giants like Apple and Samsung.

Business Series

Samsung raises money amid costly Note 7 recall

Samsung says it has sold all or part of stakes it held in four technology companies - ASLM, Rambus, Seagate and Japan's Sharp - to free up money to invest in its core businesses.

Business Series

HP Inc to buy Samsung's printer business to expand into copiers

HP Inc is to buy Samsung's printer business with CEO Dion Weisler saying it will looking to "disrupt" the office copier business.

USA

Galaxy Note 7 users told to stop using devices due to fire risk

The warning covers South Korea and the US, where the government is working with the South Korean tech company on a total recall.

South Korea

LG Electronics seeks to revive mobile fortunes with V20 smartphone

South Korea’s LG Electronics has unveiled its new V20 smartphone, seeking to recover from a series of losses in the mobile market.

Business Line

Battle of the phones: Samsung vs Apple

This week in Business Line we look at the triumphs and troubles of Samsung and Apple, with details of the iPhone 7 and the costly recall of the Note 7.

Business Series

Samsung shares rise despite massive Note 7 smartphone recall

Samsung Electronics' shares rose on Monday despite the anticipated losses from the recall of 2.5 million Note 7 smartphones in 10 countries after the batteries in some caught fire or exploded.

Business Series

Samsung hit by exploding phone battery problem

Samsung has delayed shipping of its new flagship Galaxy Note 7 smartphone following reports of exploding batteries as it investigates the cause.

Business Series

Smartwatch revolution?

As Apple Watch sales slide, can the eSIM that is fitted in Samsung's smartwatch offerings offer hope for the future of wearables?

Business Series

Samsung Q2 profit better than expected

Samsung has reported better than expected quarterly profit but warned earnings from phones will weaken in the rest of the year.

Business Series

Samsung sues Huawei over patents

South Korea's Samsung is suing China's Huawei alleged infringement of patents, reversing legal action taken by Huawei in May.

Business Series

Smartphones set to take Samsung to profit rebound

Samsung is set for its best quarterly profit in more than two years thanks to robust sales of its flagship Galaxy S7 smartphones.

Business Series

Huawei sues Samsung claiming patent infringement

China's Huawei is suing South Korea's Samsung for compensation over alleged unlicensed use of its technology.

Business Series

Samsung and Alipay do deal for mobile payments

Samsung and Alibaba's financial arm have done a deal for smartphone purchase payments with Alipay.

Economy

Samsung Pay launches in China

Samsung has launched its mobile payment service in China, following a similar move by Apple last month, but both face an uphill battle against dominant local electronic wallet services like Alipay.