Samsung’s nightmare scenario is happening.
On Friday, the South Korean electronics giant was forced to suspend sales of its new flagship smartphone, the Galaxy Note 7 — because dozens of the handsets have exploded.
The phone, which has been extremely well reviewed, is now also being recalled worldwide, in a move that is likely to cost Samsung hundreds of millions of dollars.
And compounding matters, the colossal disaster comes on the eve of the launch of a new iPhone from archrival Apple.