Samsung likely to permanently halt Galaxy Note 7 sales, Hankyoreh reports
The paper said Samsung would likely seek to make up for lost Note 7 sales through its Galaxy S7 models as well as the Note 5, which was the 2015 predecessor for the Note 7.
Samsung Electronics Co Ltd will likely stop selling its Galaxy Note 7 smartphones permanently following the latest halt of sales and production, South Korea`s Hankyoreh newspaper reported on Tuesday citing unnamed sources.
The paper said Samsung would likely seek to make up for lost Note 7 sales through its Galaxy S7 models as well as the Note 5, which was the 2015 predecessor for the Note 7.
Samsung did not immediately comment on the report.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.