Page 4 - Short Cases 1 Galaxy Note7 Samsung Resurection
P. 4

Samsung






                                                           Goodbye Galaxy


                                                           Note 7, Hello Galaxy


                                                           S8








               Exploiting Disaster





               The Samsung Galaxy Note 7 was rushed, in August 2016, to

               market a month ahead of the release of its competitor, the

               iPhone 7. Generally, companies want their products to be so

               hot they fly off the shelves. Unfortunately for Samsung, the

               South Korean mobile phone giant, found their flagship,

               Galaxy Note 7, was so hot it spontaneously combusted.

               Twice Samsung had to stop production of its $882 device

               which accounted for 10% of its brand’s sales and undertake

               an extensive and expensive recall estimated at 2.5 million
               units and anywhere up to £17b according to Reuters (1).
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