The technology giant now expects a third-quarter profit of $4.6 billion, which is down 33 percent from its forecast last week.
Following its confirmation that it is scrapping the Galaxy Note 7, Samsung appears to be focusing on mass-producing its new Exynos chip.
Oculus has decided to remove Galaxy Note 7 as one of the devices its Gear VR app supports.
What Samsung Galaxy Note 7 owners need to do now that the device is officially off the market.
Samsung has decided to put an end to its Galaxy Note 7 flagship device in the wake of reports about replacement units exploding or catching fire.
Samsung discontinues its Galaxy Note 7 smartphone after replacement devices started to catch on fire.
The move, less than two months after the phone’s launch, could cost the South Korea-based tech giant $17 billion, according to reports.
As it begins to wrap up a five-year battle between smartphone giants, the Supreme Court may make a decision on patents with major long-term ramifications for the American tech industry.
It appears that Samsung is not launching its Galaxy S7 successor earlier than expected.
The South Korean company has experienced its latest setback after a global recall of the signature device.
Replacement Samsung Galaxy Note 7 devices are catching on fire. Is Samsung's new smartphone done for?
Samsung is said to be stonewalling customers complaining about its Galaxy Note 7 phablet.
The South Korean technology giant’s move comes after fresh reports of overheating in the new replacement phones.
The replacement phones were supposed to mitigate a fire hazard detected in the first 2.5 million units.
The latest incident occurred days after a Southwest Airlines flight was grounded after a device on-board started emitting smoke.
A federal appeals court has just reinstated the $120 million jury award for Apple in a case of patents infringement against Samsung.
Wireless carriers are ganging up on the Galaxy Note 7 that is feared to be prone to explosion despite Samsung's global recall and replacement program.
When subjected to a stress test, the Galaxy Note 7 could easily catch fire, according to a new report.
New details about the Galaxy S8 have emerged online, and it appears that the next Samsung flagship could be very similar to Apple's upcoming iPhone 8 handset.
Shipments of personal computing devices, including mobile phones, are set to fall for the second consecutive year, Gartner said.
The U.S. CPSC is launching a probe after a Galaxy Note 7 replacement unit caught fire while inside a plane.
The plane was evacuated Wednesday after a replacement Samsung Galaxy Note 7 device began emitting smoke.