Samsung's nightmare scenario is happening [telecom]

Samsung's nightmare scenario is happening, and it couldn't occur at a worse time

By Rob Price

Samsung's nightmare scenario is happening.

The South Korean electronics giant was forced to suspend sales of its new flagship smartphone, the Galaxy Note 7, on Friday because dozens of the handsets have exploded.

The phone, which has been extremely well reviewed, is now also being recalled worldwide, in a move that is likely to cost Samsung hundreds of millions of dollars.

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