SourceCode: Halt or Catch Fire
Wednesday, October 12, 2016 at 1:14PM 
The reasons behind the Samsung Galaxy Note 7 fires are still a mystery
By Gadjo Cardenas Sevilla
The debacle facing Samsung for its faulty Galaxy Note 7, which the company recently announced it is no longer selling, reflects various issues in the smartphone industry’s manic race to rush out products on a yearly cycle.
After over a dozen reports that Note 7 devices were smoking, catching fire or exploding, the company issued a recall and replacement program. But when a few of the replacement units continued to combust in people’s homes, airplanes or just by laying on desks, Samsung decided to stop all sales and effectively kill off the Galaxy Note 7. Samsung's shares fell eight percent yesterday, wiping $19 billion as its stock plummeted 8 per cent from its overall value because of this news.