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Samsung will sell refurbished Galaxy Note7

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Shortly after we learned that Samsung is getting ready to remotely kill Galaxy Note7 units still in use in its home market, the South Korean maker announced that the Galaxy Note7 is going back on sale. Talk about a turn of events… Shortly after we…
Shortly after we learned that Samsung is getting ready to remotely kill Galaxy Note7 units still in use in its home market, the South Korean maker announced that the Galaxy Note7 is going back on sale. Talk about a turn of events…
What Samsung has actually decided to do is sell refurbished Galaxy Note7 units, not produce new ones. It makes sense for the company to want to recoup some of the lost revenue from recalling millions of Galaxy Note7s across the globe.
Refurbished Galaxy Note7 units will probably be available in a limited number of markets, the list of which will be established « after discussions with relevant regulatory authorities and carriers, » according to a statement provided to Reuters.
In case you do not recall (no pun intended), Samsung produced about 2.5 million Galaxy Note7s and had to recall all of them, after the smartphone was reported multiple times to overheat and catch fire. The company is believed to have lost around $1 billion due to the fiasco.
After the recall was announced, I suspected that Samsung would try to repair those units and sell them as refurbished later down the road, but that seemed less and less likely as time went by.

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