On Tuesday, Samsung Electronics said in a regulatory filing that it has permanently ceased production of its fire-prone Galaxy Note 7 smartphones, citing consumer safety. On Monday, Samsung announced it had ceased all global sales of the Note 7, after replacement units it had sent out after an initial recall in September were catching fire also, but said this was just a production adjustment to improve quality control. Some analysts had argued for Samsung to kill the Note 7 earlier to protect its brand and keep loyal customers from defecting to new handsets from Google, Apple, and other high-end competitors.
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