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Samsung shares slide on Galaxy Note 7 recall

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Samsung shares slide on Galaxy Note 7 recall

Seoul, Sep 12 , 2016: Samsung shares slide on Galaxy Note 7 recall. Samsung shares fell sharply on Monday, hitting a two-month low after the South Korean tech big urged customers to not use it and alternate gadgets on account of fears it would explode.

samsung-shares-slide-on-galaxy-note-7-recallThe corporate’s shares dropped greater than 5 per cent on Monday morning, BBC reported.

Samsung shares slide on Galaxy Note 7 recall.

Samsung recalled 2.5 million phones final week after studies of the system exploding throughout or after charging.

Airline passengers had been warned by US authorities to not use or charge the phones whereas on board as Samsung shares slide on Galaxy Note 7 recall.

Aviation authorities in a number of different nations and particular person airways have since then additionally banned using the units on their flights, the BBC reported.

Photo Courtesy: www.bbc.com

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