Published : Sept. 19, 2016 - 12:11
[THE INVESTOR]
Samsung Electronics' shares increased to a high of 1,562,000 won (US$ ), up 2.29 percent, in early morning trading morning on Sept. 19, signaling that the tech giant could soon come out of the woods after reeling from the defective battery issue of its Galaxy Note 7 smartphone.
The Korean tech giant started its exchange program in Seoul on the day enabling Galaxy Note 7 customers to exchange their smartphones for a new unit or get a refund.
The recall was announced after a number of battery combustion and explosion cases were reported in global markets since the launch of the Note 7 on Aug. 19.
(
theinvestor@heraldcorp.com)