Samsung recalls 2.8 mln washing machines in US

Image
Press Trust of India New Delhi
Last Updated : Nov 04 2016 | 10:22 PM IST
Korean electronics major Samsung is recalling about 2.8 million washing machines in the US market after reports of injuries, in an another jolt to the company reeling under the recall and production halt of its flagship smartphone Note 7.
However, the company said it does not expect its consumers in India to be impacted by the recall of about 2.8 million top-load washing machines in the US.
"Samsung India is aware of a voluntary recall announcement regarding issues with certain top-load washing machines sold in North America. We can confirm that this issue does not impact top-load washer models sold outside of North America," said a Samsung India spokesperson.
The United States Consumer Product Safety Commission has announced a voluntary recall of 2.8 million top-loading washing machines because of a risk of "impact injuries."
"The washing machine top can unexpectedly detach from the washing machine chassis during use, posing a risk of injury from impact," CPSC has said.
This recall involves 34 models of Samsung top-load washing machines.
"Samsung has received 733 reports of washing machines experiencing excessive vibration or the top detaching from the washing machine chassis. There are nine related reports of injuries, including a broken jaw, injured shoulder, and other impact or fall-related injuries," the Commission has said.
Hit by product safety failure issues on its flagship Note 7, the world's largest smartphone maker Samsung has cut its quarterly operating profit forecast by a third.
According to the company's website, Samsung has lowered its operating profit forecast from 7.7-7.9 trillion Korean won to 5.1-5.3 trillion Korean won, translating into a hit of a whopping 2.6 trillion Korean won or USD 2.3 billion.
The consolidated sales estimate has also been lowered by 2 trillion Korean won ($1.7 billion) to approximately 47 trillion Korean won, after the company decided to permanently halt sales of the troubled Note 7 device, in less than two months after its launch.
"After recent incidents and in consideration of our consumers' safety, Samsung Electronics has stopped sales, exchanges and production of the Galaxy Note 7," the company had said.
The revised pre-earnings guidance reflects the impact of this decision on the third quarter earnings, it added.
Samsung had announced the recall of 2.5 million Note 7 devices in early September following reports of the phones catching fire.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 04 2016 | 10:22 PM IST

Next Story