Sunday, January 22, 2017

Samsung figured out the cause of fires Galaxy Note 7 – Economy News

Print Batteries for smartphones Galaxy Note 7, the production of which Samsung Electronics was forced to stop because of a few cases of fire, was the wrong size, and that was one of the causes of overheating according to The Wall Street Journal, citing sources familiar with the results of an internal investigation Samsung.

As reported by informants publications, batteries in smartphones were too big, and therefore overheat. In some cases, was discovered a manufacturing defect.

it turned Out that overheated batteries, manufactured by subsidiary of Samsung SDI. However, there were problems with batteries manufactured in Hong Kong Amperex Technology firm. Participated in the investigation of several companies from outside, who acted as independent researchers.

As expected, the opinion of the smartphones from the market and termination of their production will cost the South Korean company at least $ 5 billion.

the Device was presented on 19 August, shortly before the release of competing models of the Apple iPhone 7. Two weeks later, the information on incidents with flammable batteries that have forced Samsung to begin the review of novelties.

On the news stock quotes Samsung has experienced the strongest two-day drop in eight years. They fell more than by 10.61% and 12 September, at the close of trading on the Korean stock exchange in Seoul, cost 1,465 million won apiece. According to estimates by Bloomberg, the drop in prices has led to the fact that the market capitalization of the South Korean vendor in two days dropped by $ 22 billion.

Samsung Electronics Shares at the auction on 11 October have fallen in price on 7,3%, when it became clear that the scale of the scandal with the company’s flagship product was much wider than previously thought. The company has released an updated Galaxy Note 7, which proposed to replace all existing defective device. However, it turned out that the updated gadget is also explosive.

the flames added The Wall Street Journal, saying that Samsung tested the Galaxy Note battery 7 alone, while other manufacturers use a third-party company to check the batteries of their smartphones. The Samsung claim that the company is in the course of its own testing found no problems with the battery of the Galaxy Note 7.

Capitalization of Samsung Electronics fell by $ 17 billion after the official announcement about stopping all sales of the Galaxy Note 7 and the complete cessation of its production in connection with allegations that the fire devices are continuing even after the repair. The situation with the flagship smartphone Galaxy Note 7 have been good for Korean corporations Samsung Electronics the worst event in history.

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