A total of 2.5 million Samsung Galaxy Note7 units were shipped before the company announced a global recall for the phablet over battery fire hazard. Obviously, the step will have a strong financial impact on the tech giant, but just how much the figure is?
When asked about it, Samsung’s smartphone business head Koh Dong Jin just said that it’s a “heartbreaking amount.”
According to analysts, the recall will cost Samsung somewhere around $1 billion. While that’s certainly not a small amount, it still represents less than 5% of the South Korean company’s projected net income this…
Galaxy Note7 recall will cost Samsung a "heartbreaking amount"
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