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Samsung suspends production of Galaxy Note 7, says source

Top US and Australian carriers halt sales or exchanges of Note 7s; ban by major airlines continues

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The company needs to take a giant write-down and cast the Note 7 to the engineering hall of shame next to the Ford Pinto, says Eric Schiffer, a brand strategy specialist.

Seoul

SAMSUNG Electronics Co Ltd suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant's worst ever recall crisis.

Top US and Australian carriers also suspended sales or