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Samsung stops making fire-prone Galaxy Note 7 phones

10/11 Moneywatch

SEOUL, South Korea -- Samsung Electronics says it is stopping production of its Galaxy Note 7 smartphones, a day after it halted global sales of the star-crossed devices.

The South Korean company said in a regulatory filing Tuesday that it has made a final decision to stop production for the sake of consumer safety.

The world’s largest smartphone company is struggling to regain consumer trust after a first round of recalls. The company stopped selling the device after finding that even the supposedly safer replacements it was providing for recalled Note 7 phones were catching fire.

South Korean media reported Monday that Samsung’s factories stopped making the fire-prone phones but Samsung insisted it was making production adjustments to improve inspections and quality control.

U.S. regulators ordered a recall of the original Note 7, a huge phone-bordering-on-tablet with a huge battery, in late September after the devices demonstrated an unwelcome tendency to catch fire

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