Samsung Elec to compensate Galaxy Note 7 parts suppliers

Samsung Elec to compensate Galaxy Note 7 parts suppliers
 

Samsung Electronics Co Ltd said on Tuesday it will compensate component suppliers for the discontinued Galaxy Note 7 smartphones and consider giving them orders for other models to cushion the blow.
The world's top smartphone maker said it would fully pay for unused Note 7 parts that have already been manufactured, compensate suppliers for unfinished components and pay for materials bought to make Note 7 parts.
"Samsung will determine the inventory levels for the partner companies and carry out compensation quickly," the company said in a statement, without elaborating on how much... read more

 
18 October 2016 in Science &Technology, Views: 39
Source: Reuters
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