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Samsung to release new black Galaxy Note 7 in October as scheduled

All News 10:45 September 07, 2016

SEOUL, Sept. 7 (Yonhap) -- Samsung Electronics Co. plans to release a deep black Galaxy Note 7 smartphone next month as scheduled, despite the current global recall over a battery problem, a company official said Wednesday.

The Note 7 is available in four colors -- Black Onyx, Silver Titanium, Gold Platinum and Blue Coral. The silver, gold and blue phones hit stores last month, while the black phone has been scheduled to be released in the middle of next month.

"In spite of the recall situation, I understand that there is no change in the plan to release the Galaxy Note 7 Black Onyx in the middle of October," the Samsung official said.

Samsung to release new black Galaxy Note 7 in October as scheduled - 1

The move means that Samsung plans to resume sales of the Note 7 next month.

Samsung announced a global recall of the Note 7 smartphones last week after some of their batteries caught fire while being charged. Samsung also halted sales of the Note 7 in 10 countries and offered Note 7 owners the opportunity to replace their devices with new ones of the same color.

The massive recall and replacement programs look set to dent Samsung's profits in the third quarter.

South Korean brokerages have slashed their forecasts for Samsung's third-quarter operating profit.

A survey of seven brokerages showed that Samsung is expected to post a third-quarter operating profit of between 7.1 trillion won (US$6.4 billion) and 7.5 trillion won after the recall, compared with their previous forecasts of between 8.2 trillion won and 8.5 trillion won.

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