Samsung is still in firefighting mode, as the Galaxy Note 7's exploding battery rages on.
South Korean tech giant Samsung has reported its best quarterly net profit in more than three years, shrugging off the Galaxy Note 7 batteries debacle. Its semiconductor division posted its highest income ever.
Samsung's new Galaxy Note FE will go on sale in South Korea this week with recycled parts from the ill-fated Note 7. The electronics giant insists the new phone is safe despite its predecessor catching fire.
China's CATL corporation will build a lithium-ion battery cell factory in Thuringia, Germany, to supply electric vehicle makers. In contrast, BMW and Bosch have recently abandoned plans to make battery cells. Why?
The world's largest automotive supplier has decided against producing its own battery cells despite calls from EU politicians to do exactly that. Bosch said the investment would probably never pay off.
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