SEOUL: Samsung Electronics Company Limited is in talks with LG Chem Limited to supply batteries for its new smartphones, the Nikkei newspaper reported, citing sources.
Samsung, the world’s biggest smartphone maker, scrapped production of the fire-prone Galaxy 7 and said that it would take a hit to its operating profit of about $3 billion over the next two quarters as a result.
The company had blamed faulty batteries for the original problem in its flagship device, but has given no indication about the cause of the overheating seen in the replacements. The companies are discussing ways to supply batteries to Samsung’s new smartphones starting next year, the report said.
Samsung’s subsidiary, Samsung SDI Company Limited, is the dominant battery supplier for the Note 7, supplying around 70 per cent of the batteries globally, according to analyst estimates.
Samsung and LG Chem were not immediately available for comment outside regular business hours.
The spelling mistake in his name by a clerk has cost promising cricketer Anisur Rehman…
The farmers in Potohar region have started wheat crop harvesting and threshing, as the Met…
The government of Khyber Pakhtunkhwa has decided to buy 300 thousand metric tons of local…
Member of Punjab Assembly Hassan Askari Sheikh has urged the relevant authorities to take immediate…
Hundreds of LP gas cylinder explosions have occurred in Lahore, the provincial capital of Punjab.…
The Election Commission of Pakistan (ECP) has set up the Election Monitoring and Control Center…
Leave a Comment