Note Phone: Precision Investigation and Production Adjustment

note phone: The company said in a Monday regulatory filing that the production adjustment was underway for precision investigation and enhanced product quality control, according to Xinhua China. Samsung change in position from the supply adjustment to the production stop hinted that Samsung would permanently discontinue the Note 7 phone. Samsung said in a regulatory filing unveiled after the stock market close that it reached a final conclusion to stop production, too, in accordance with the sales suspension of Galaxy Note 7 for the sake of consumer safety as a top priority. Earlier in the day, Samsung said on its website that it decided to halt the sales and replacement of the Note 7 devices. Authorities in South Korea and the United States have recommended consumers stop using the fire-prone phones, while the Chinese authorities announced an official recall of 190,984 Galaxy Note 7s sold in China. It said the decision was made after consulting with relevant authorities. (news.financializer.com). As reported in the news.

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