Samsung Galaxy Note 7 Recall: Its Pros, Cons And Costs
Ever since users of the Samsung Galaxy Note 7 first started complaining about exploding units, the public has been questioning why and how the Korean tech giant could have let this happen. Though the cause is clear - an imbalance in the lithium-ion batteries - the recall is going to cost Samsung a great amount of money, maybe even billions. And while this definitely spells trouble for both the company and its clients, there could be a shining light for interested buyers.
As Beta News reports, current Galaxy Note 7 users in the US can opt to have their handhelds exchanged for a new unit that has gone through more thorough product testing, or to get a full refund. In addition, Samsung will also provide a $25 rebate on the user's phone bill.
After all the units have been recalled, retested and redistributed, Samsung may be down by as much as $1 billion. This is a stark comparison to the expected revenue of $1.5 billion and profit of $270 million from its first 2.5 million units.
The Remaining Units
From the 2.5 million units that were already ready for shipping, an estimated 1.5 were already shipped out. That means that as many as 1 million units never made it out before Samsung ordered the recall.
Once the released units are recalled, Samsung is bound to replace the only thing that is making the unit risky - its battery. This is a relatively easy fix, but the problem is that no one will want to buy a refurbished phone at market price. As Yahoo! notes, Samsung might opt to sell the fixed devices for a lower price, in order to minimize its costs. While this will definitely entice buyers, especially those that found the original price tag too steep, Samsung has not confirmed such a program.
Refurbished Galaxy Note 7 Has A New Name
Samsung has apparently decided to change the name of the refurbished Galaxy Note 7 into Galaxy Note FE.
Galaxy Note 8 Is Coming This Year, Samsung Confirms
Samsung confirms the release of the most awaited Galaxy Note 8. It is likely to hit the market in August or September as previous devices are also unveiled in that particular range of time.
Samsung Galaxy Note 7 Is Coming Back To South Korea In June
The refurbished Samsung Galaxy Note 7 devices would pack in a smaller 3,200 mAh battery as opposed to the original 3,500 mAh. The first batch of the units will be launched via three carriers in South Korea as early as June.
Galaxy Note 8: Better Than Galaxy S8, Could Be Unveiled In September
Samsung is reportedly set to make a big ticket announcement at IFA 2017, and this device is widely expected to be the Galaxy Note 8. IFA 2017 will be held in Berlin between September 1 and September 6.
Samsung Galaxy S8 Review: A Beautiful Yet Fragile Smartphone
With 2 thumbs up, Samsung, indeed, has delivered a device that legitimately stands out from the rest. The Galaxy S8 is good enough that Samsung can likely leave the Note 7 fiasco.
Galaxy S8 And S8 Plus Launched In India; Latest Updates Inside
Samsung Galaxy S8 sports a 5.8-inch Quad HD+ Super AMOLED curved display. The display comes with a 1440x2960 pixel resolution and an 18:9 aspect ratio. On the other hand, the Galaxy S8+ features a 6.2-inch screen sharing similar specifications.
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