Samsung offers financial incentives to stem Note 7 bleeding

Samsung offers financial incentives to stem Note 7 bleeding
 

Samsung Electronics on Thursday offered financial incentives for U.S. and South Korea customers who exchange Note 7s for other products or refund them, as the tech giant scrambles to shore up its reputation in the wake of a damaging safety crisis.
The consumer electronics company is also expanding a U.S. recall of the fire-prone model to a total 1.9 million Note 7 phones, which includes the 1 million Galaxy Note 7s it recalled on Sept. 15.
The South Korean giant is in damage-control mode as rivals like Apple Inc and LG Electronics try to steal market share from the global smartphone leader... read more

 
13 October 2016 in Business, Views: 37
Source: Reuters
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