Samsung disposes of shares to pay Note 7 recall

São Paulo – the Samsung will sell shares in four technology companies to raise cash and fund the recall of the explosive Galaxy smartphone Note 7.
She faces a global crisis and will have to replace 2,500,000 of appliances, which will cost about $ 1 billion to the company.
The world''s largest manufacturer of smartphones announced that it sold its 3% stake in Dutch ASML, which manufactures semiconductors, 4.2% in the producer of hard-drives Seagate, 4.5% in North American manufacturer of Rambus chips and 0.7% on Sharp Japanese.
The goal of sales would be "focus on your core business," said the South Korean company. The shares are worth about $ $ 888,900,000.
The operation happens amid reports of cell phone explosion and fire principles because of failures on drums. She received 92 reports on the damage that the warming of batteries would have caused.
Customers who bought a Note 7 before 15 September should stop using it immediately and switch off the appliance, informed the Commission of consumer goods (CPSC).
The financial cost of failures will also be high for the company. Analysts estimate that the total value of recall should reach $ 1 billion. The money raised from the sale of the shares will be used to exchange more than 2,500,000 Note phone 7:00 pm 10 markets.
Today, the company said the new smartphones will arrive in stores on Wednesday and will be easily identified by the symbol of battery in green – the previous models had the defect comes with white icon.
The company will have difficulty regaining consumer confidence, since the global crisis can also affect sales of other models of Galaxy line. 
The manufacturer of smartphones also faces competition from Apple, which has just released its newest iPhone.