Can Samsung recover from its Galaxy Note 7 nightmare? [Friday Night Fights]


Galaxy Note 7 on fire
Will you buy a Samsung phone again?
Photo: Ste Smith/Cult of Mac

Fans have mourned the loss of the Galaxy Note 7 — perhaps the best smartphone released in 2016 — and while a small few are determined to cling onto the device despite the risks, most have handed theirs back and moved on.

Friday Night Fights bugThe whole debacle is going to cost Samsung billions in lost revenue, and it will likely take years for the South Korean company to regain the trust it has lost. But just how detrimental could the problem be for Samsung’s smartphone business?

Join us in this week’s Friday Night Fight as we discuss Samsung’s chances of recovering from the Galaxy Note 7 nightmare.

Apple beware: Chinese phones are taking over the world


iPhone 7
iPhone shipments fell last quarter.
Photo: Ste Smith/Cult of Mac

For the second quarter in a row, Chinese smartphone makers produced more phones than market leaders Apple and Samsung, according to a new Q3 shipment volume report from global market research firm Trendforce.

Apple saw its iPhone volume production fall 5.3 percent from the three months previous, while Samsung registered minor growth of 1.3 percent. Chinese smartphone makers on the other hand? A quarterly increase of 18 percent.

This doesn’t quite tell the whole story, though.

Samsung will take $5.3 billion hit from Note 7 recall


Galaxy Note 7 water wet
The Note 7 is all washed up.
Photo: Killian Bell/Cult of Mac

Issuing a global recall for the Galaxy Note 7 is going to cost Samsung even more money than it expected.

Samsung released a statement to investors today revealing that its fiery phablet will hurt overall profits for the next two fiscal quarters, costing the company a total of $5.3 billion.