Samsung Electronics says battery defects caused Note 7 fires

A flag bearing the logo of Samsung Electronics is pictured at its headquarters in Seoul, South Korea, November 29, 2016.


Samsung Electronics Co Ltd on Monday said battery defects caused its premium Galaxy Note 7 phones to catch fire, not the device's software or hardware.
The announcement comes more than three months after the world's top smartphone maker scrapped the short-lived competitor of Apple Inc's iPhones, costing $5.3 billion in operating profit and damaging its reputation.