Samsung Note 7 ‘Calamity’ Joins Notorious Recalls of Cars, Foods

  • Company risks void being filled by competitors: professor
  • Scope ranks with Takata, Ford, Merck, Mattel product recalls

Samsung Tries to Contain the Note 7 Crisis

Samsung Electronics Co.’s recall of its fire-prone Galaxy Note 7 smartphone will be one of the biggest recalls ever in the technology industry. The South Korean conglomerate pulled the plug on the entire product line and slashed its third-quarter profit forecast by $2.3 billion.

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