A few weeks ago, Samsung released a re-branded Note 7 in its home country, South Korea. The company sold a limited number of Galaxy Note 7 Fan Edition for nearly two thirds of the original price. Suffice to say, the re-release was quite a success as all 400,000 of them have been sold.
Now, consumers expecting to get the cheaper phone anytime soon might not have a chance at all.
According to the latest Samsung press release, the company will start recycling the rest of the recovered Galaxy Note 7 from last year.
It is estimated that there are more than two million units of the phone currently in storage. Some of these units were used during the initial investigation of the battery explosion issue. Meanwhile, some of them, as one would know, were re-branded as the Galaxy Note 7 Fan Edition.
Out of the two million units that will be recycled, Samsung is expecting to recover more than 150 tons of precious materials such as gold and silver. Furthermore, some of the parts like the display and semiconductors will be used as components for repairs.
On the other hand, the press release did not specifically say that all of the remaining units in storage will be recycled. There might still be some unopened Note 7 units waiting for a new battery replacement. However, since the release of the Galaxy Note 7 Fan Edition in South Korea, Samsung has remained tight-lipped on the possibility of release to other markets.
It should be noted, though, that Samsung has applied for a number of safety certifications for the Galaxy Note 7 Fan Edition outside of South Korea. However, to this date, the company has not acted upon those approvals. For more updates on the Samsung Galaxy Note 7 Fan Edition, be sure to check us out at The Bitbag.