1. Samsung Electronics to compensate Galaxy Note 7 parts suppliers

Samsung Electronics 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.

By: | Seoul | Published: October 18, 2016 10:13 AM
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. (Reuters) 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. (Reuters)

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.

Samsung said in a statement 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.

The world’s top smartphone maker last week permanently ended sales of the fire-prone Galaxy Note 7 smartphone less than two months after launch.

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