Samsung Note 7 Stop Productions

The news heard around the tech world in the past almost month is that Samsung Note 7 are literally going up in flames. In case you had not heard they had been recalled in mass and then new ones are being shipped back out. Hear is the kicker, those new ones are not only being shipped back out now but they are in explosive proof packaging. Haven’t gotten your yet well there is a reason why, they have stopped production fully because they are still going up in flames. Now do bear in mind not all have but a certain percent has, no number has been announce by Samsung.

Samsung had hoped to fix the issue with the recall but with reports coming out of them still exploding, Samsung has decided to give up. There original thought was the battery but clearly not. Now there is theories to the reason why truly. These range form fast charging to even its design.

Now with all this bad news coming from recalls to lawsuits, you would think this could be the end of Samsung but no. Forbes is reporting that hedge fund, Elliot Management is still urging Samsung to list on the US stock market and believe that these issues will not effect Samsung position in the market. They believe a change in management will help fix this and many other underling issues within the company along with separating the electronic division from the main company. While they have been successful in doing this with smaller companies and even taking on the Argentinian goverment, they are only a small owner of Samsung Electronics.

This will be a continuing story for years to come is for sure as to what this issue was and its long term effect on Samsung in the consumer electronics world. Yet for now if you have a Note 7 all carriers are advising to return it. All carriers are giving different options of phones.