The Korea Herald

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Samsung shares rebound in early morning trading

By 김영원

Published : Sept. 19, 2016 - 12:11

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[THE INVESTOR] Samsung Electronics' shares increased to a high of 1,562,000 won (US$ ), up 2.29 percent, in early morning trading morning on Sept. 19, signaling that the tech giant could soon come out of the woods after reeling from the defective battery issue of its Galaxy Note 7 smartphone.

The Korean tech giant started its exchange program in Seoul on the day enabling Galaxy Note 7 customers to exchange their smartphones for a new unit or get a refund.


The recall was announced after a number of battery combustion and explosion cases were reported in global markets since the launch of the Note 7 on Aug. 19.

(theinvestor@heraldcorp.com)