22 Years' Battery Customization

Samsung's share price continues to rebound because of battery bombings

May 23, 2019   Pageview:496

OF week lithium grid Beijing time on September 26th news, according to foreign media reports, although the GalaxyNote7 bombing incident is still happening, but Samsung seems to resist the "baptism of gunfire", the stock price began to rebound.

 

Samsung's resistance to the Note7 bombings continued to rebound

 

Samsung's share price plummeted to 1.465 million won on September 12, the lowest point since August 27, 2012, as the flagship model Note7 exploded with a battery fire and subsequently triggered a global recall.

 

However, with the official launch of the Note7 replacement event, Samsung's share price has continued to rebound since last week. Last Monday, Samsung launched a replacement program in South Korea, which was launched in the US on Wednesday. As of last Thursday, more than 100,000 South Korean GalaxyNote7 users have replaced their new machines, and only 4% have chosen a refund.

 

"In order to compensate for the inconvenience caused to customers, we are negotiating with operators and hope to provide a discount of 30,000 won for Note7 users' package fees in October," said a Samsung executive. "We plan to resume the sale of the new version of Note7 from this Wednesday, while fully helping customers replace old models."

 

Samsung also decided to extend the refund deadline from September 19 to the end of the month, saying that the retail store did not open during the three-day Mid-Autumn Festival holiday.

 

Samsung said on Friday that the US regional replacement plan has been completed more than half. About 90% of local users choose to replace the new Note7. In order to prevent another explosion, Samsung has previously limited the charging limit of Note7 to 60% through software updates.

 

An industry source said: "Samsung has restricted the amount of Note7 charge that needs to be recalled, and will provide package fee compensation to speed up the recall."

 

“Only 4% of Note7 users choose a refund, which shows that consumers are still very loyal to Samsung phones,” he said.

 

The page contains the contents of the machine translation.

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