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Samsung confirms plans of selling refurbished Galaxy Note 7 units

Earlier this year, a report out of South Korea had claimed that Samsung planned to sell refurbished Galaxy Note 7 units in a few markets by the middle of this year. Shortly after, another similar report had surfaced online. Samsung has now finally made it official that it will indeed sell refurbished Galaxy Note 7 units this year.

In its press release, Samsung mentions that it has established three principles to recycle Galaxy Note 7 devices in an “environmentally friendly way”. The first includes using Galaxy Note 7 units as refurbished phones or “rental phones”. The company hasn’t divulged any specific details regarding where and when the refurbished Galaxy Note 7 units will be sold, so a lot of confusion still remains. It will also reuse salvageable components and perform processes such as metals extraction.

The Samsung Galaxy Note 7 debacle proved to be very costly for the company, as it is estimated to have lost nearly $6 billion in total. It is now pinning all its hopes on the upcoming Galaxy S8 and Galaxy S8 Plus flagship smartphones, both of which will be announced tomorrow, i.e. March 29th. In the second half of the year, Samsung will be launching the Galaxy Note 8, which is expected to be a significant improvement over its predecessor not just in terms of safety but all other areas as well.

Source: Samsung Newsroom

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