Samsung suspends the sales of the Galaxy Note7, Stock market crash – The Republic

Samsung in crisis. After the stop of the production, the giant south Korean suspends global sales and replacements of the Galaxy Note7, in what is a new hard blow for the company, and that is immediately felt on the Stock exchange, where the title comes in lose 5%.

A decision that comes just a few hours from the landing of the ‘war of the smartphones with Apple on the american supreme Court. A battle began five years ago, after the founder of Apple, Steve Jobs, had declared a ‘thermonuclear war’ against Android, the Google operating system that runs on the Samsung smartphone. The wise will listen to the motivations of each of the two parts for 90 minutes, in what is the first case on the patents that arrive at the supreme Court in the Usa since the 1800′s. The war ‘and’ officially began in 2012, with an initial victory for Apple. Then of appeal in appeal has arrived to the wise, called to express themselves on a case that will have an impact on the entire technology industry.

And a few hours after the hearing Samsung suspends the sale of Note7, its flagship model. The giant south Korean, he asked his partner, telephone companies, and retailers to suspend the sales and substitutions of the Galaxy Note7 while they go ahead with the investigations on the recent incidents, in which the smartphone has caught fire. “We remain committed to working diligently with the authorities to take the necessary measures to resolve the situation,” says Samsung in a note. “Given that consumer safety remains the priority, Samsung will ask the telephone companies, and retailers at the global level to stop the sales and substitutions of the Galaxy Note7 while the investigations continue”, highlights Samsung, stating that the owners of the Galaxy Note7 original or, samsung Galaxy Note7 that was given in replacement of the previous one should turn it off and not use it.

The american authorities applaud the suspension. “Given the fears about the safety of the Galaxy Note7, the suspension of sales and substitutions is the right move,” says Elliot Kaye, the chairman of the Commission for the safety of the products.

Topics:

samsung

Galaxy Note 7

suspension

stop sales

mobile

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