Galaxy Note 7 Refurbished Units aka Galaxy Note Fan Edition to Go on Sale on July 7, Samsung Confirms

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By Agence France Press | Updated: 2 July 2017 12:15 IST
Highlights
  • Samsung is calling refurbished Note 7 units 'Galaxy Note Fan Edition'
  • Only 400,000 units to go on sale in Samsung's home country Korea
  • The units are priced at roughly 60 percent of the original Note 7

Samsung Electronics said Sunday it would start selling a refurbished version of its Galaxy Note 7 smartphone this week after an embarrassing recall over exploding batteries rocked the tech giant last year.

The recall of millions of Galaxy Note 7 devices cost the world's largest smartphone maker billions of dollars in lost profits and hammered its global reputation.

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The refurbished device, made of recalled, unsealed Note 7 handsets and unused components are outfitted with new batteries, Samsung said in a statement.

The limited-edition phone - the Galaxy Note Fan Edition (FE) - will hit shelves in South Korea on July 7, Samsung said, adding it would only sell 400,000 units at home.

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The firm said it would decide later whether to release the refurbished edition elsewhere, which is priced at 699,000 won ($611) domestically, far lower than the previous version that was nearly $1,000.

About three million Galaxy Note 7 handsets were returned to the firm last year, but campaign groups including Greenpeace have expressed concern that discarding the phones could harm the environment.

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"The latest launch of the Galaxy Note FE... has a significant meaning as an environment-friendly project that minimised the waste of resources," Samsung said in a statement.

The recall - the largest-ever by the South Korean tech giant - was deeply embarrassing for Samsung, but it recently launched a new flagship device, the Galaxy S8, to positive reviews and strong orders.

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In April Samsung posted its biggest quarterly net profit in more than three years, although the company has come under pressure on wider fronts.

Lee Jae-Yong, the Samsung group's vice-chairman and heir to its leadership, is on trial for bribery over his role in a massive corruption scandal that brought down impeached former president Park Geun-Hye.

Lee is accused of bribing Park and her confidante Choi Soon-Sil with millions of dollars to seek regulatory favours.

 

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