Samsung Note 7 News

Samsung did not announce the performance estimates of each business division, although the chip business is anticipated to have played a key role in the record-beating report. 

Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.

Samsung's fiasco with its fire-prone Note 7 phone has pushed its rival LG to take additional precautions with its next smartphone.

 Despite facing a massive debacle in form of recall of Note 7 model, the South Korean giant has maintained its lead in the global smartphone market in the third quarter.  

Malaysian budget airline group AirAsia has prohibited carrying Samsung Galaxy Note 7 smartphones onboard any of its flights, including those operated by AirAsia India, due to safety concerns.

Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.

A replacement model of the troubled Samsung Note 7 smartphone began smoking inside a U.S. plane on Wednesday, the family which owned it said, signalling that Samsung`s solution to its recent scandal may not have worked.

 On a day when India's civil aviation regulator lifted the restrictions on the in-flight use of the new Samsung Galaxy Note 7 smartphone -- but only those purchased after September 15, superstar Amitabh Bachchan posted another grudge against a device that has caused battery explosion fears worldwide.

Samsung Electronics Co Ltd, the world`s biggest smartphone maker, said on Thursday more than 1 million people globally are now using Galaxy Note 7 smartphones with batteries that are not vulnerable to overheating and catching fire.

Next time you unlock the Samsung Galaxy Note 7, you will have to just look at it.