Samsung made a ton of cash even though its flagship phones were a fiery disaster

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If you only read the headlines, you'd think Samsung was in a tailspin.

Its Galaxy Note 7 flagship phone, heralded as a true competitor to Apple's iPhone, was a disaster. Battery fires forced Samsung to stop selling the phones and recall them entirely. Seemingly ever single flight around the world for months surrounding the situation included a warning: No Samsung Note 7s.

Things weren't any better elsewhere in the company. Lee Jae-yong, vice chairman and de facto head of Samsung, was arrested in February on corruption allegations involving the president of Korea. Read more...

More about Business, Samsung, and Business


via Zero Tech Blog

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