Samsung, the South Korean tech , has warned of the Galaxy Note 7 to turn off their phone after more reports of the catching fire. The company will also stop shipping the flagship phone to stores. The device, launched in August, was set to rival Apple's iPhone. Samsung must now conduct an investigation into what is causing so many phones to catch . Samsung had already been hit following a of 2.5 million phones in September after many burst into when their exploded. This new episode further damages the company's as many of the exploding phones are those that had batteries replaced in September and were deemed to be .
Industry are now predicting how much the latest trouble will cost the company. South Korean is reporting that the company could discontinue producing the phone. However, South Korea's minister Yoo Il-ho has warned that the country's would be damaged if it did this. He said: "Right now we can't tell what the will be in the long term. It's up to the company and the government cannot interfere, but if they do scrap the model, it will have a impact on exports." The Korea Times said: "It is that the company recover its brand and the only way to do this is to place and customer satisfaction above anything ."
