Galaxy Note 7s Yield Treasure

Tech giant Samsung Electronics is set to recycle 157 tonnes’ worth of rare metals from recalled fire-prone Galaxy Note 7 smartphones.

Samsung said it plans to reuse components such as camera modules, chips and displays as replacement parts on devices sent in for repairs – or sell them. It will also recover metals such as cobalt, copper, gold and silver from components that would not be reused.

The world’s No. 1 smartphone maker is trying to move on from the withdrawal of the Note 7 premium devices last year due to safety concerns, a failure which cost the company $5.4 billion in operating profit.

Samsung had sold 3.06 million Note 7s to consumers before its second and final recall in October, roughly two months after launch.