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Samsung shares plunge 8% over Galaxy Note 7 explosion reports

The company has asked all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note 7

ANI  |  Seoul [South Korea] 

The shares of Samsung Electronics Co plunged by eight per cent in trading in Seoul on Tuesday after the company decided to halt the sales of Galaxy Note 7. The South Korean giants' decision to halt sales came amid reports of the smartphone exploding. The company also revealed its decision to stop the production of the Note 7 devices. In an email to the Verge, Samsung is reported to have said, "Samsung will ask all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note 7. Consumers with an original Galaxy Note 7 or replacement Galaxy Note ...

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First Published: Tue, October 11 2016. 13:53 IST
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