{"id":247866,"date":"2016-09-13T14:16:10","date_gmt":"2016-09-13T14:16:10","guid":{"rendered":"http:\/\/citifmonline.com\/?p=247866"},"modified":"2016-09-13T14:16:10","modified_gmt":"2016-09-13T14:16:10","slug":"samsung-shares-slide-on-galaxy-note-7-recall","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/09\/samsung-shares-slide-on-galaxy-note-7-recall\/","title":{"rendered":"Samsung shares slide on Galaxy Note 7 recall"},"content":{"rendered":"

Samsung shares fell sharply on Monday, hitting a two-month low after the firm urged users not to use its flagship Note 7 phone and exchange the device due to fears it might catch fire.<\/p>\n

The South Korean company’s shares dropped more than 6% on Monday.<\/p>\n

Samsung recalled 2.5 million phones last week after reports of the device exploding during or after charging.<\/p>\n

Airline passengers were warned by US authorities not to use or charge the phones while on board.<\/p>\n

Aviation authorities in several other countries and individual airlines have since then also banned the use of the devices on their flights.<\/p>\n

\"Samsung<\/span><\/p>\n

A Galaxy Note 7 reportedly caught fire shortly after its charger was unplugged.<\/span><\/p>\n

 <\/p>\n

The company had already said it would replace all devices that customers would hand in.<\/p>\n

According to Samsung, battery problems were behind the phones catching fire, but the firm said it was difficult to work out which phones were affected among those sold.<\/p>\n

The phone was launched last month and has been otherwise generally well-received by consumers and critics.<\/p>\n

–<\/p>\n

Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"

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