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Billions Burned Off Samsung's Market Cap On News Of Galaxy Note 7 Delay Due To Exploding Batteries
Thursday, September 1, 2016 - 12:18pm | 355Samsung (SAMSUNG ELECTRONIC KRW5000) (OTC: SSNLF) suffered a major setback on Thursday when its Korean-listed stock (KRX: 005935) (KRX: 005930) shed $7 billion of market value. According to Reuters, the company said it has decided to delay shipments of its high-end Galaxy Note 7 smartphone...