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.

iPhone 7 will arrive on Samsung’s home turf next month


iPhone 7
iPhone 7 is coming to South Korea on October 21.
Photo: Ste Smith/Cult of Mac

South Korea’s three mobile network providers will reportedly start selling the iPhone 7 and iPhone 7 Plus from October 21, according to reports coming out of the country.

The news comes at a bad time for South Korea’s Samsung, which is still reeling from a costly recall of its exploding Galaxy Note 7 handsets, which it reportedly rushed to market to beat Apple to the next great smartphone.

Apple could troll Samsung by putting a store in its backyard


This could very well be a future arial shot of the Seoul street layout.
Photo: Jim Merithew/Cult of Mac

Apple has been opening plenty of Apple stores in China, but it could go even further into East Asia with a brand new retail store — based directly across the street from Samsung’s headquarters in Seoul, South Korea.

We guess Tim Cook’s been taking trolling notes again!

Samsung stops shipping Galaxy Note 7 after phones explode


Apple should steal a lot of the Note 7's features, except the exploding one.
Photo: Samsung

Samsung’s new Galaxy Note 7 smartphones have barely made it into the wild, but early reports of the devices exploding in customers’ homes may have caused the company to delay shipments.

In a statement to news outlets today, Samsung said it delayed shipments to do product-quality tests, however, local reports from South Korea reveal the company may be investigating whether the device is prone to spontaneously burst into flames.

Apple Car may use hollow batteries to stay cool


Charging the Apple Car.
Apple is making revolutionary batteries for its car.
Photo: Motor1

Apple might team up with “expert technologists in batteries” from South Korea to create hollow lithium-ion power cells that will fuel the upcoming Apple Car, according to a new report.

While the name of the South Korean company hasn’t been revealed due to a nondisclosure agreement with Apple, it’s supposedly comprised of just 20 people. The South Korean team reportedly joined Apple’s secretive Project Titan automotive effort earlier this year, and the battery innovations could help the Apple Car stand out from the competition.