20-10-2016 20:00 via uk.news.yahoo.com

CORRECTED: Samsung in talks with LG Chem for new smartphone batteries - Nikkei

(Corrects device's name in second paragraph to "Note 7" from "Galaxy 7") (Reuters) - Samsung Electronics Co Ltd is in talks with LG Chem Ltd to supply batteries for its new smartphones, the Nikkei newspaper reported, citing sources. Samsung, the world's biggest smartphone maker, scrapped production of the fire-prone Note 7 and said it would take a hit to its operating profit of about $3 billion over the next two quarters as a result. The companies are discussing ways to supply batteries to Samsu
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