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Published: Sat, October 08, 2016
Economy | By Melissa Porter

Samsung Note 7 replacement emits smoke on United States plane

Samsung Note 7 replacement emits smoke on United States plane

The company could get into trouble further if there is a second recall, a very unusual move that would be, if it is found that the company gives a "replacement device" to the owner whose phone caught fire aboard a plane, according to two former USA safety officials, reported Gadget 360.

"Sprint is working collaboratively with Samsung to better understand the most recent concerns regarding replacement Samsung Galaxy Note 7 smartphones".

That illustrates that unlike expected the exploding Galaxy Note 7 doesn't appear to have hurt the company's earnings too much in the period. A replaced Galaxy Note 7 smartphone caught fire on an airplane recently, causing the plane's evacuation and the flight's cancelation.

After several Galaxy Note 7 units caught on fire due to battery issues, Samsung issued a global recall and prepared a replacement program for Samsung Galaxy Note 7 owners.

Last Wednesday, Oct. 5, a passenger's phone suddenly emitted smoke while he was on a Southwest Airlines plane.

Sprint is letting customers with second thoughts about using a replacement Samsung Galaxy Note 7 exchange the device for another type of smartphone.

Samsung is still looking into the incident to determine if a new Galaxy Note 7 was to blame.

The USA Consumer Product Safety Commission is in touch with the Federal Aviation Administration (FAA), Samsung and the phone's owner to gather facts, chairman Elliot Kaye said in a statement, reminding consumers that they could get refunds for the troubled model. A day before Samsung's Q3 earnings preview, shares jumped 4.5 percent to a new record high after US activist investor Elliott Management Corp. argued that Samsung was undervalued by as much as 70 percent.

The company's stock closed at about $1,524 per share, an increase of 4.45 percent and the highest price ever for Samsung.

Reports this week are suggesting that a Note 7 handset went on fire during an American flight, and the word is that this was one of the newer replacement devices.

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