[THE INVESTOR] Samsung Electronics will hold an urgent press meeting in Seoul at 5 p.m. (local time) on Sept. 2 to issue a recall of the company’s latest Galaxy Note 7 smartphone.
The company said mobile chief and President Koh Dong-jin will explain the exact cause of exploding batteries along with a detailed recall plan.
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Samsung Electronics mobile chief Koh Dong-jin |
Samsung has halted the phone’s shipments since early this week following a series of reports on the phone’s explosion while charging.
More than 400,000 preorders have been made in Korea alone. An estimated 1 million units have been sold globally.
By Lee Ji-yoon (
jylee@heraldcorp.com)
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