Samsung uninsured for mobile phone recall

Samsung has no product recall cover in place for the faulty
batteries in its Galaxy Note 7 phones, which look set to cost the
South Korean technology giant $2.3bn.
While Samsung had bought the cover across its range of products
in previous years, it had no such cover in place for small
batteries at the time of its mass recall of the $885 smartphone,
after hundreds of units suffered critical failures worldwide.
In the initial recall notice, Samsung cited a...