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Note 7 fiasco could burn a $17 bln hole in Samsung accounts | |
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October 11, 2016 SEOUL, Oct 11- Samsung Electronics' worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ill-fated premium model. "In the worst case scenario, the U.S. could conclude the product is fundamentally flawed and ban sales of the device," said Song Myung- sub,... Source: http://www.cnbc.com/2016/10/11/reuters-america-note-7-fiasco-could-burn-a-17-bln-hole-in-samsung-accounts.html |
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