Galaxy Note7 may be headed for the dump as carriers cancel sales
Samsung's Galaxy Note7 smartphone may be headed for the trash bin, something that could cost the South Korean company $3 billion and damage to its brand after new reports that a handful of replacement units overheated.
Early Monday, Samsung said it was "temporarily adjusting the Galaxy Note7 production schedule in order to take further steps to ensure quality and safety matters."
The statement came after most U.S. carriers stopped sales and exchanges of the Note7 over the weekend and an unnamed source said Samsung had temporarily halted production and was not merely "adusting the ...production schedule."
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