Results of Samsung’s Investigation into Note 7 Explosions Coming Soon
According to a report by JoongAng Ilbo newspaper, Samsung will announce the results of its investigation into what caused the Galaxy Note 7 smartphones to explode, later this month.
The South Korean electronics giant had said in October that it was examining all aspects of the smartphone, suggesting there may be a combination of factors responsible for what was one of the worst safety failures in tech history (via Reuters).
Following its decision to permanently halt Galaxy Note 7 sales last year, Samsung warned of a $5.1 billion hit to its operating profit over three quarters. Investors and analysts believe it is critical for the company to identify the root cause of the fires in order to rebuild consumer trust and avoid repeating the same mistakes.
Samsung has not yet issued an official statement regarding when it will make its investigation results public.