The Galaxy Note 7 is Dead

By Aatif Sulleyman on at

Now for a piece of news that will shock absolutely nobody. Samsung has reportedly killed off the Galaxy Note 7.

According to Bloomberg, the South Korean giant is “ending production” of the explosive handset. The news comes just hours after Samsung suspended Note 7 sales and told customers to switch off both original and replacement handsets.

Samsung shares have fallen by 8% today, knocking around $17 billion (£13.8 billion) off the value of the company.

The launch of the Galaxy S8 -- its next major smartphone event -- is expected to take place on February 26th. The word on the street is that the unveiling will take place next door to a fire station. [Bloomberg]