Samsung is expected to announce this month the findings of its investigation into the Galaxy Note 7, JoongAng Ilbo reported, citing an unnamed company official. The flagship smartphone, released in August, caught fire and overheated, prompting two global recalls and its discontinuation last year. Samsung declined to comment on when it would share the findings with public.
Hyundai Motor and its sister Kia Motors missed their sales target in 2016, selling 7.88 million cars as consumers flocked to sports utility vehicles rather than sedans, Hyundai’s mainstay, and the popularity of imported vehicles grew in South Korea. Hyundai Motor workers’ strike disrupted local car production, hurting sales.
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