Samsung to sell refurbished Galaxy Note 7s

Samsung will sell a refurbished version of its Galaxy Note 7 smartphone, which was pulled from shelves last year after several caught fire.

Tech giant Samsung Electronics plans to sell refurbished versions of the Galaxy Note 7 smartphones, the model pulled from markets due to fire-prone batteries.

Samsung's Note 7s were permanently scrapped in October following a global recall, roughly two months from the launch of the devices, after some phones self-combusted.

A subsequent probe found manufacturing problems in batteries supplied by two different companies - Samsung SDI and Amperex Technology.

Analysis from Samsung and independent researchers found no other problems in the Note 7 devices except the batteries, raising speculation that Samsung will recoup some of its losses by selling refurbished Note 7s.

Samsung's announcement that revamped Note 7s will go back on sale surprised some with the timing.

The company will launch its new S8 smartphone on Wednesday in the United States, its first new premium phone since last year's debacle.

Samsung, under huge pressure to turn its image around after the burning battery scandal, had previously not commented on its plans for recovered phones.

The company estimated it took a $US5.5 billion ($A7.2 billion) profit hit over three quarters from the Note 7's troubles.

It had sold more than 3 million Note 7s before taking the phones off the market.

The company also plans to recover and use or sell reusable components such as chips and camera modules and extract rare metals such as copper, gold, nickel and silver from Note 7 devices it opts not to sell as refurbished products.


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Source: AAP



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