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[THE INVESTOR] Samsung Electronics is recalling all Galaxy Note 7 phones sold globally, exchanging the phones with new ones regardless of battery functions.
The Korean tech giant announced the plan on Sept. 2 in Seoul after a series of battery explosions since the phone's launch on Aug. 2.
About 1 million units have been sold globally. The company said it has found 24 phones with faulty batteries in its recent investigation into the explosions.
By Lee Ji-yoon (jylee@heraldcorp.com)
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