Samsung's global recall of 2.5 million Note 7 smartphones and the decision to cease production ranks among the largest product failures in recent memory. Samsung suspended sales of its smartphone just two weeks after the flagship phone's launch.
Samsung, the world's largest chipmaker, has flagged a massive drop in earnings, blaming weaker sales and falling prices. Is the tech giant's first profit decline in two years a harbinger of the chip boom fizzling out?
South Korea's Samsung Group has announced its investment plans for the next three years. As the company has hit a wall in the market for its smartphones, it's focusing on areas more likely to create future growth.
The Korean tech giant has unveiled its latest flagship smartphone, the Galaxy S8. It seeks to draw a line under a safety scandal that led to a humiliating global recall of millions of its Galaxy Note 7 handsets.
Samsung's new Galaxy S8 smartphone has gone on sale in a small number of markets, including South Korea. Analysts expect the device to become a major challenge to Apple's iPhone as pre-orders have soared.
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