Samsung SDI shares plunge on Galaxy Note 7 battery woes
Sept. 1, 2016
[THE INVESTOR] Shares of Samsung SDI, the battery supplier of Samsung Electronics’ latest Galaxy Note 7 smartphone, plunged on Sept. 1 amid speculation that its faulty batteries may have caused a series of explosions on the phone. The stock, which continued rallying in recent weeks on the upbeat sales of the new Samsung phone, closed at 108,500 won (US$96) per share, down 6.06 percent from the previous trading day. Shares of Samsung Electronics and Samsung Electro-Mechanics, the parts unit, als