Samsung Note7

[Blueray]

Galaxy Note7 is not Samsung’s only problematic product

 

SEOUL — Samsung killed the Galaxy Note7 smartphones this week after the devices continued to burst into flames. But the tech behemoth has not extinguished scrutiny over its safety record.

 

The South Korean manufacturer, which makes an array of consumer electronics, is in the middle of juggling other safety problems. Those include a recall in Australia for more than 144,000 Samsung washing machines that were prone to causing fires, and a potential recall of defective laundry units in the United States.

 

Over the years, Samsung has faced other safety situations that have resulted in regulators taking action. The larger incidents include a 2003 recall of 184,000 microwave ovens in the US, and 210,000 refrigerators in South Korea in 2009. There have been other smaller recalls, including one in 2009 of about 43,000 microwave ovens in the US because of a shock hazard and 20,000 washing machines in 2007 because of a fire risk.

 

.....

 

http://www.todayonline.com/tech/galaxy-note7-not-samsungs-only-problematic-product

Edited October 14, 2016 by Blueray

[Ahgong]

Galaxy Note7 is not Samsung’s only problematic product

 

SEOUL — Samsung killed the Galaxy Note7 smartphones this week after the devices continued to burst into flames. But the tech behemoth has not extinguished scrutiny over its safety record.

 

The South Korean manufacturer, which makes an array of consumer electronics, is in the middle of juggling other safety problems. Those include a recall in Australia for more than 144,000 Samsung washing machines that were prone to causing fires, and a potential recall of defective laundry units in the United States.

 

Over the years, Samsung has faced other safety situations that have resulted in regulators taking action. The larger incidents include a 2003 recall of 184,000 microwave ovens in the US, and 210,000 refrigerators in South Korea in 2009. There have been other smaller recalls, including one in 2009 of about 43,000 microwave ovens in the US because of a shock hazard and 20,000 washing machines in 2007 because of a fire risk.

 

.....

 

http://www.todayonline.com/tech/galaxy-note7-not-samsungs-only-problematic-product

 

sigh... looks like SS stuff must avoid for the time being

[Andylkkg]

It might be the case of rising, expanding rapidly, too fast and comprising on quality control as a results, being complacent maybe!

[Daryllim69]

Seeking some advice here. I have a Note 7 contracted to Singtel on Combo 12 plan with the phone given for free. What phone should I get? In terms of phone value, it will make sense for me to get Apple i7 Plus. But having use Samsung for years (once a Apple iPhone user), I am concern with the need to readjust back to iPhone. If I stick with Samsung, it is likely that I get S7 Edge but that does not make financial sense as the S7 Edge would have cost less but it saves me the trouble of adjusting and data transfer. Some good advise from members here, please. 

[Kusje]

LG v20 to be released on 4 or 5th Nov.

[Nzy]

Seeking some advice here. I have a Note 7 contracted to Singtel on Combo 12 plan with the phone given for free. What phone should I get? In terms of phone value, it will make sense for me to get Apple i7 Plus. But having use Samsung for years (once a Apple iPhone user), I am concern with the need to readjust back to iPhone. If I stick with Samsung, it is likely that I get S7 Edge but that does not make financial sense as the S7 Edge would have cost less but it saves me the trouble of adjusting and data transfer. Some good advise from members here, please. 

 

Choose refund and get any phone you like lo.

[Angcheek]

oh no, her $1k gucci bag is gone, mini-nuked by Note 7

 

 

 

Gucci bag at least afew Ks ... Note 7 is $1K  

Seeking some advice here. I have a Note 7 contracted to Singtel on Combo 12 plan with the phone given for free. What phone should I get? In terms of phone value, it will make sense for me to get Apple i7 Plus. But having use Samsung for years (once a Apple iPhone user), I am concern with the need to readjust back to iPhone. If I stick with Samsung, it is likely that I get S7 Edge but that does not make financial sense as the S7 Edge would have cost less but it saves me the trouble of adjusting and data transfer. Some good advise from members here, please. 

 

Dont think they will charge u same price for a S7 Edge ... if they do , terminate the contract and insist they sold you a dangerous fone and endanger your life .   

[1fast1]

Someone please tell me: why is Samsung's share price relentlessly going UP?!!

[antelop]

Someone please tell me: why is Samsung's share price relentlessly going UP?!!

Investors are happy that Samsung has booked the full cost of Note 7 discontinuation, including refund and replacement, in its 3rd quarter 2016 earnings guidance.

 

3Q16 operating profit is now revised downwards to W5.2 trillion, from the previous guidance of W7.8t.

 

Consensus is bullish on Samsung earnings prospects in 4th quarter 2016 as well as rising dividend policy going forward.

[Xanavi]

Someone please tell me: why is Samsung's share price relentlessly going UP?!!

I think because they see long term. This saga is nothing more then a window for them to power up their (investors) shares volume.

I can only assume that share price went up because of

1) Decisive leadership

2) Samsung had uber confident in their other business (mobile is just one of the many businesses)

3) Their other business (LCD and chips) are really still making money because a lot of products in the market not limiting to phone are also using their chip.

[Blueray]

Samsung Sacrificed the Note 7 to Save the Company

 

http://time.com/4531372/samsung-note-7-recall-fires-overheating-why/

 

 

 

Samsung gives Note7 owners a choice: S7 edge or refund

 

 

SINGAPORE — Samsung Galaxy Note7 customers can choose to either exchange their device for a Galaxy S7 edge or to receive a full refund, and they may do so from Oct 26.

 

Those who opt to exchange their device for an S7 edge will receive a cheque on the price difference and “other benefits which will be confirmed shortly”, said Samsung in a media statement released on Friday (Oct 14).

.....

http://www.todayonline.com/singapore/oct-26-samsung-note7-owners-can-exchange-s7-edge-or-refund

 

Edited October 15, 2016 by Blueray

[Nzy]

Samsung Sacrificed the Note 7 to Save the Company

 

http://time.com/4531372/samsung-note-7-recall-fires-overheating-why/

 

 

 

Samsung gives Note7 owners a choice: S7 edge or refund

 

 

SINGAPORE — Samsung Galaxy Note7 customers can choose to either exchange their device for a Galaxy S7 edge or to receive a full refund, and they may do so from Oct 26.

 

Those who opt to exchange their device for an S7 edge will receive a cheque on the price difference and “other benefits which will be confirmed shortly”, said Samsung in a media statement released on Friday (Oct 14).

.....

http://www.todayonline.com/singapore/oct-26-samsung-note7-owners-can-exchange-s7-edge-or-refund

 

Todayonline reporting very bad. Samsung did not state full refund. They only put refund. When people ask, the CSO replied that they are still confirming details of refund.

[Sabian]

If it's not a full refund, this will be the last Samsung product in my household.

[1fast1]

Investors are happy that Samsung has booked the full cost of Note 7 discontinuation, including refund and replacement, in its 3rd quarter 2016 earnings guidance.

 

3Q16 operating profit is now revised downwards to W5.2 trillion, from the previous guidance of W7.8t.

 

Consensus is bullish on Samsung earnings prospects in 4th quarter 2016 as well as rising dividend policy going forward.

Thank you. I'm used to the market reacting badly to bad news then picking up. The first time the scandal hit, the stock dipped as expected but quickly recovered most of its ground. But then the replacements started burning up and that should have caused a bigger dip but there was no dip, just another steady rise. And that puzzled me.

 

Does the S. Korean gahmen prop up these shares in any way? Just curious.

I think because they see long term. This saga is nothing more then a window for them to power up their (investors) shares volume.

I can only assume that share price went up because of

1) Decisive leadership

2) Samsung had uber confident in their other business (mobile is just one of the many businesses)

3) Their other business (LCD and chips) are really still making money because a lot of products in the market not limiting to phone are also using their chip.

Thank you as well. The fundamentals remain strong.

If it's not a full refund, this will be the last Samsung product in my household.

I'm wondering how a full refund would work with a telco plan.

 

You get reimbursed for what you paid for the phone at the discounted contract price? You get the SIM back but now you have no phone to put it in. And your contract's monthly dues are still running.

 

So what are you left with? Buy a phone without a contract at full price?

 

To be fair they need to dissolve the entire contract but I don't think the telcos would wear this. Or refund the full retail price of the Note 7 (much more than was paid for the phone plus contract).

Edited October 15, 2016 by Turboflat4

[Kusje]

I'm wondering how a full refund would work with a telco plan.

 

You get reimbursed for what you paid for the phone at the discounted contract price? You get the SIM back but now you have no phone to put it in. And your contract's monthly dues are still running.

 

So what are you left with? Buy a phone without a contract at full price?

 

To be fair they need to dissolve the entire contract but I don't think the telcos would wear this. Or refund the full retail price of the Note 7 (much more than was paid for the phone plus contract).

 

 Refund the RRP?

[1fast1]

Refund the RRP?

Recommended Retail Price? Are they doing that in these cases?

[1fast1]

Refund the RRP?

Ok I read the FAQ. This exact question has been asked and they still don't have a clear answer.

 

Someone from HWZ feels that even a full price RRP refund isn't fair with an active contract. One is forced to get a replacement phone that one may not like a whole lot to quickly resume the use of the contract. And that lock in leads to a missed opportunity if a really good phone then comes on the market.

 

Fairest to dissolve the residual contract.

Edited October 15, 2016 by Turboflat4

[Kb27]

 

Fairest to dissolve the residual contract.

 

...which is not what telco wants.

 

They want you to be attached to the contract, but they are probably having a hard time, making the right replacement value and what to refund you.

 

In case of any refund, it will unlikely be a cash value, but rather a discount or some voucher value.

 

No businesses want to give you back money, once they lay their hands on it.