[Samsung doesn’t want to pay for fire damage from the Galaxy Note 7]
“They were only interested in retrieving the phone,” Note 7 customer says.
"With the complete cancellation of the Galaxy Note 7, a Reuters report estimated the lost sales would translate into $17 billion in lost revenue. The Note 7 fiasco is already a huge financial loss for Samsung, but it's one the company can afford. Its stock hit an all-time high earlier this month even as Note 7s were blowing up across the world. But it appears that Samsung won't dip into its coffers to pay for any alleged damages relating to the defective Galaxy Note 7."
http://arstechnica.com/gadgets/2016/10/samsung-doesnt-want-to-pay-for-fire-damage-from-the-galaxy-note-7/
[Samsung doesn’t want to pay for fire damage from the Galaxy Note 7]
“They were only interested in retrieving the phone,” Note 7 customer says.
"With the complete cancellation of the Galaxy Note 7, a Reuters report estimated the lost sales would translate into $17 billion in lost revenue. The Note 7 fiasco is already a huge financial loss for Samsung, but it's one the company can afford. Its stock hit an all-time high earlier this month even as Note 7s were blowing up across the world. But it appears that Samsung won't dip into its coffers to pay for any alleged damages relating to the defective Galaxy Note 7."
http://arstechnica.com/gadgets/2016/10/samsung-doesnt-want-to-pay-for-fire-damage-from-the-galaxy-note-7/
