Samsung Electronics is still trying to figure out why its Galaxy Note 7 smartphones were catching fire, the company said Thursday, as shareholders appointed the grandson of the company's founder to its board.
Passengers and flight crews will be banned from bringing Samsung Galaxy Note 7 smartphones on airline flights under emergency orders issued Friday by both Transport Canada and the U.S. Department of Transportation in response to reports of the phones catching fire.
Samsung Electronics said Friday that the discontinuation of the Galaxy Note 7 would cost the company about US$3 billion during the current and next quarters, bringing the total cost of the recall to at least US$5.3 billion.
The fiasco of Samsung's fire-prone Galaxy Note 7 smartphones -- and its stumbling response to the problem -- has left consumers from Shanghai to New York reconsidering how they feel about the South Korean tech giant and its products.
Samsung will recall all Galaxy Note 7 smartphones sold in mainland China, amounting to around 191,000 units, China's product safety regulator said Tuesday, in another setback for the tech giant in the world's largest smartphone market.