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$14B wiped off Samsung’s market capitalization after the firm urged to stop using Galaxy Note 7s

More than $14B was wiped off Samsung’s (OTC:SSNLF) market capitalization after the firm urged consumers worldwide to immediately stop using their Galaxy Note 7s and exchange them as soon as possible. U.S. authorities told users on Friday to power down their devices. The world’s largest smartphone maker plans to provide Note 7s with new batteries in South Korea starting Sept. 19, but schedules vary for other countries.

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