It’s been exactly a month since the Samsung Galaxy Note 7 was unveiled and it had analysts calling it the best Android device in the market yet but now after weeks of reports of devices catching fire while charging, Samsung has now decided to recall millions of the devices just days before Apple announces the iPhone 7. In the announcement, the electronics giant said “to date (as of September 1) there have been 35 cases that have been reported globally and we are currently conducting a thorough inspection with our suppliers to identify possible affected batteries in the market. However, because our customers’ safety is an absolute priority at Samsung, we have stopped sales of the Galaxy Note7.”
South Korean news agency Yonhap had reported earlier but since no one was able to verify it until now, we weren’t sure. Unverified photos also flooded the internet earlier this week but now we know they may have been true after all. Samsung is going to temporarily stop sales of the devices while putting plans in place to replace all 2.5 million Note 7 devices that have been sold.
Samsung shares took a brief hit on Thursday on this report but closed 0.6 percent higher on news that Samsung was going to fix the issue with the batteries. The phone still enjoys high ratings and we’re not sure how this will impact their overall sales which according to IDC still pulls well ahead of Apple’s iPhones. Samsung announced its Gear S3 smartwatches earlier in the week.
