...
...
Next Story

Samsung to sell refurbished Note 7 phones in South Korea from July 7

Batteries for the refurbished devices will have a lower capacity than those of the original Note 7s, but have passed new safety measures implemented following the recall, Samsung said.

Updated on: Jul 3, 2017, 10:51:12 IST
Reuters | By , Seoul
Prefer HTon Google
Advertisement

Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year.

Samsung Electronics said its recalled Galaxy Note 7 phones will be recycled and sold starting this week in South Korea. (AP file photo)
Samsung Electronics said its recalled Galaxy Note 7 phones will be recycled and sold starting this week in South Korea. (AP file photo)

Samsung said in a statement it will offer 400,000 phones, dubbed the Galaxy Note 7 Fan Edition, in its home country priced 699,600 won ($611) - about 30% lower than the Note 7’s original launch price. The devices will be made from recalled, unsealed Note 7 handsets and unused Note 7 components.

Batteries for the refurbished devices will have a lower capacity than those of the original Note 7s, but have passed new safety measures implemented following the recall, Samsung said.

The world’s biggest smartphone maker by volume was forced to halt sales of the Note 7 in October, roughly 2 months after its launch, due to fire-prone batteries from two different suppliers. The incident cost Samsung over $5 billion in operating profit and damaged its reputation, though the firm has since recovered with the successful launch of the Galaxy S8.

Samsung also plans to hold a launch event for the Note 8 in the second half of August, a source told Reuters last month.

The firm said it will decide whether to sell the refurbished Note 7s in other markets at a later date. It has said it does not plan to offer the device in the United States or India.

($1 = 1,144.4300 won)

 
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe