SEOUL (Reuters) – Samsung Electronics Co Ltd said on Sunday it
will start selling a refurbished version of the recalled Galaxy
Note 7 smartphone in South Korea on July 7, using batteries
different from those that caused some handsets to catch fire last
Samsung said in a statement it will offer 400,000 phones, dubbed
the Galaxy Note 7 Fan Edition, in its home country priced 699,600
won ($611) – about 30 percent lower than the Note 7’s original
launch price. The devices will be made from recalled, unsealed
Note 7 handsets and unused Note 7 components.
Batteries for the refurbished devices will have a lower capacity
than those of the original Note 7s, but have passed new safety
measures implemented following the recall, Samsung said.
The world’s biggest smartphone maker by volume was forced to halt
sales of the Note 7 in October, roughly 2 months after its
launch, due to fire-prone batteries from two different suppliers.
The incident cost Samsung over $5 billion in operating profit and
damaged its reputation, though the firm has since recovered with
the successful launch of the Galaxy S8.
The firm said earlier this year it planned to sell refurbished
Note 7s after investigations by Samsung and independent firms
concluded the batteries were solely responsible for the fires.
Samsung also plans to hold a launch event for the Note 8 in the
second half of August, a source told Reuters last month.
The firm said it will decide whether to sell the refurbished Note
7s in other markets at a later date. It has said it does not plan
to offer the device in the United States or India.
(Reporting by Se Young Lee; Editing by Christopher Cushing)
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