When batteries in the Samsung Note 7 started catching fire or exploding, everyone knew that the company was in for something of a rocky ride. The initial recall was deemed ineffective, leading Samsung to up its game in the US, UK and around the world. But while the replacement program for one of 2016's biggest flagship handsets is already under way, investors are starting to feel a little wobbly. In to the estimated five billion dollars the recall and replacement program is going to cost, the value of Samsung shares has plummeted, wiping $14.3 billion off Samsung's market capitalization. Over… [Continue Reading]
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