A total of 2.5 million Samsung Galaxy Note7 units were shipped before the company announced a global recall for the phablet over battery fire hazard. Obviously, the step will have a strong financial impact on the tech giant, but just how much the figure is? When asked about it, Samsung's smartphone business head Koh Dong Jin just said that it's a "heartbreaking amount." According to analysts, the recall will cost Samsung somewhere around $1 billion. While that's certainly not a small amount, it still represents less than 5% of the South Korean company's projected net income this...
Source: http://www.gsmarena.com/galaxy_note7_recall_will_cost_samsung_a_heartbreaking_amount-news-20340.php
