samsung shares down 8 on note 7 woes
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Samsung Shares Down 8% on Note 7 Woes

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Arab Today, arab today Samsung Shares Down 8% on Note 7 Woes

Samsung Electronics Co
Seoul - QNA

Samsung's share price fell 8.0% by the close of trade Tuesday on the back of a decision to halt sales and exchanges of the company's troubled Galaxy Note 7 smartphone.

    The share price ended the day at 1.54 million won after the early morning announcement, which was accompanied by an advisory for all customers to stop using their Note 7 devices due to safety concerns.

    Samsung issued a global recall of 2.5 million Note 7s in early September following complaints that its lithium-ion battery exploded while charging.

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