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This whole exploding battery fiasco has been nothing short of a disaster for Samsung. The stock plummeted and they're easily out over a billion dollars. We learned about the problem earlier this month and Samsung jumped all over it with a voluntary recall. So, just how is this swapping out process working for them?

We can't speak for the rest of the world, but it looks like things are trucking along in the US market. Samsung sold somewhere in the neighborhood of one million units in the United States. Of that million, according to an official statement issued by Samsung, "about half" have gone through the exchange process. So, the good news is that the US is now populated with about 500,000 safe Galaxy Note7 phones. The bad news is that there are still about 500,000 not-so-safe phones booting around.

That being said, the recall and exchange process does appear to be moving along smoothly. They only started swapping phones on Wednesday and they're already halfway. Keep in mind that not all Note7 owners are not necessarily so quick and savvy, so many may not have even started their process yet. Of the half million people who have traded in their faulty phones, about 90% have opted to get a new Note7 with those special stickers and the green battery level indicator instead of getting an S7 or some other phone instead.

In total, Samsung sold about 2.5 million units worldwide, so they've still got a long ways to go. Make no mistake. The Samsung Galaxy Note7 is an absolutely stellar phone... except for this pesky blowing up business. If you get your hands on one of the new non-exploding replacements, you should be a happy camper again.


Via BGR

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