Now playing Next Business Series Samsung launches Note 7 refund programme Trying to keep customers after the Galaxy Note 7 disaster Samsung is offering larger cash incentives to those who stay with the brand. 13/10/2016
Now playing Next 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. 12/10/2016
Now playing Next 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. 11/10/2016
Now playing Next 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. 10/10/2016
Now playing Next 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. 10/10/2016
Now playing Next no comment South Korea: typhoon Chaba causes severe flooding Typhoon Chaba has hit the southern South Korean city of Ulsan, causing heavy flooding and widespread damage. 06/10/2016
Now playing Next Business Series South Korea: Volkswagen boss questioned over emissions scandal The man who oversees Volkswagen’s emissions certification – Detlef Stendel – has been questioned by the authorities in South Korea over the so-called dieselgate… 22/09/2016
Now playing Next North Korea Show of force: US B-1 bombers fly over South Korea after North's nuclear test Two US B-1 bombers have flown over South Korea. 13/09/2016
Now playing Next North Korea South Korea says North ready for new nuclear test The United States is reportedly planning to fly one of its bombers over South Korea tomorrow in a show of force against the North following Friday’s fifth nuclear… 12/09/2016
Now playing Next 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. 10/09/2016
Now playing Next North Korea 'The stakes are high': what's the feeling in the US about the North Korean nuclear test? US President Barack Obama openly condemned North Korea’s latest nuclear test. 09/09/2016
Now playing Next Korea Hanjin Shipping collapse strands cargo worth billions Hanjin Shipping's largest shareholder, Korean Air Lines, has again delayed a decision on a rescue plan, adding to uncertainty about cargo stranded at sea following the container carrier's collapse. 09/09/2016
Now playing Next North Korea North Korea conducts its fifth and largest nuclear test Ttate television said the test elevated the country's nuclear arsenal and was part of its response to international sanctions following its earlier nuclear test and long-range rocket launch in January 09/09/2016
Now playing Next North Korea North Korea guilty of "maniacal recklessness" - Seoul International reaction to news of North Korea's suspected fifth nuclear test, the largest to date, has been swift and condemnatory. 09/09/2016
Now playing Next North Korea North Korea suspected of conducting fifth nuclear test North Korea is suspected of conducting its fifth nuclear bomb test after a huge seismic shock was detected near the country’s Punggye-Ri atomic site. 09/09/2016
Now playing Next 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. 07/09/2016
Now playing Next 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. 07/09/2016
Now playing Next 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. 05/09/2016
Now playing Next 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. 01/09/2016
Now playing Next Business Series Banks pull the plug on South Korea's Hanjin Shipping One of the world's biggest container shipping firms, South Korea's Hanjin Shipping, is headed for bankruptcy after the lenders it has borrowed money from pulled the plug. 30/08/2016