Samsung Mobile chief DJ Koh wants to rebuild consumer trust after the Galaxy Note 7 fiasco

Samsung Mobile chief DJ Koh has been under immense pressure following the whole Galaxy Note 7 fiasco. He has now vowed, at any cost, to find the exact cause of fire and explosions in the smartphone to restore consumers’ trust so that they can use the company’s products without any safety concerns in the future. Mr. Koh, who has been heading the company’s mobile division since December 2014, has apologized and expressed his gratitude to Samsung’s employees for their support [...]

Samsung will likely take a $17 billion hit on the Galaxy Note 7

The Galaxy Note 7 got off to a very promising start a couple of months ago. Samsung was set to have one of its best years as earnings were buoyed by the spectacular performance of the Galaxy S7. Merely two weeks after the flagship was released reports of a potential battery cell defect starting pouring in and Samsung soon recalled all units. It then sent out replacement units which were supposed to be safe and they started having the same [...]