Samsung Permanently Halts Production of Galaxy Note 7 After Failing to Correct Cause of Phone Fires

Samsung has permanently halted production and sales of its Galaxy Note 7 smartphone after failing to correct a problem that was causing the devices to burst into flames. CNN’s Paula Hancocks reports.

CNBC’s Courtney Reagan reports the latest on customers’ returns after Samsung’s recall and production halt of the Galaxy Note 7.

Tim Long, BMO Capital Markets Managing Director, weighs in on the impact of Samsung’s Galaxy Note 7 recall on the smartphone space and expects most users will stick with the Android operating system.

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Hedge fund calls for change at Samsung in the midst of its faulty battery debacle.

Dee Decasa of Honolulu had just visited the Samsung website on her new Galaxy Note 7 when it began smoking Sunday morning. (Oct. 11)