December 3, 2021

Samsung’s revenue and profit plummet after Note7 recall

Pin It

By STAN SCHROEDER From MASHABLE As expected, Samsung’s revenue and profit have fallen sharply in the third quarter of 2016, due to a painful recall of the company’s flagship smartphone, the Galaxy Note7, due to combusting battery issues. The company’s revenue for the quarter was 47.82 trillion won ($41.9 billion), a year-over-year decrease of 3.87 […]

Cayman Airways/US DOT bans all Samsung Galaxy Note7 phones from Airplanes

Pin It

WASHINGTON – The U.S. Department of Transportation (DOT), with the Federal Aviation Administration (FAA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA), today announced it is issuing an emergency order to ban all Samsung Galaxy Note7 smartphone devices from air transportation in the United States. Individuals who own or possess a Samsung Galaxy Note7 […]