Samsung Said to Halt Note 7 Production

The transcript discusses the issues surrounding Samsung's flagship smartphone, which has led to production suspension due to customer complaints about replacement devices catching fire. This has impacted Samsung's market value, with major US carriers halting sales over battery safety concerns. Samsung is investigating the issue with authorities and experts, and has already recalled 2.5 million units. The company faces potential financial losses, and the situation could further affect its bottom line.

What was the main reason for Samsung suspending the production of the Galaxy Note 7?

• Lack of consumer interest

• Software issues

• Reports of replacement devices catching fire

• High production costs

Which two major US carriers stopped selling the Galaxy Note 7 due to safety concerns?

• Sprint and T-Mobile

• AT&T and T-Mobile

• Verizon and AT&T

• Verizon and Sprint

What was the percentage drop in Samsung shares following the Galaxy Note 7 issues?

• 3%

• 4%

• 2%

• 1%

What action did Samsung take in response to the safety issues with the Galaxy Note 7?

• Offered discounts on other products

• Recalled 2.5 million devices

• Issued a public apology

• Launched a new model

What potential financial impact did Samsung face due to the Galaxy Note 7 recall?

• No financial impact

• Losses in the millions

• Minimal impact

• Losses in the billions