5 Biggest Product Flops in History

2. Samsung Galaxy Note 7 (Annual Revenue: 206 billion USD)

Can fortunes be turned upside down by a single stroke of the moment? Samsung can tell it rightly. All went well with the Samsung Galaxy Note 7 until the batteries started exploding like the party balloons. The seriousness of the affair snowballed when one of the batteries exploded in a flying plane. The South-Korean company had to call back all the stock besides fighting multiple litigations in different law courts.

Besides reputational loss, Samsung has to bear on the net cost of $5.3 billion upfront. The recalled sets were 2.5 million in number.

The flop kept haunting Samsung for a long, delaying the launch of the upcoming Galaxy S8. Note 7 was indeed a nightmare for Koh Dong-jin, the boss.

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