Samsung has started selling refurbished Galaxy Note 7 smartphones. The announcement came a few days before it started selling its new S8 smartphone, which was launched in the US this week.
Samsung’s Note 7s suffered a global recall last October, following a battery fire problem. It was discovered that the near-$900 devices included batteries with manufacturing problems from two different companies, namely Samsung SDI and Amperex Technology.
As there were no other problems with the Note 7 devices, except the batteries, Samsung decided to recoup some of its losses by selling refurbished Note 7s. It is also seeing some pressure from environmentalists.
Samsung estimated that it took a $5.5 billion profit hit over the Note 7 problems. It had sold more than three million devices before the recall.