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Samsung Is Said to Be Stopping TV Ads For the Note 7

By Reuters
By Michelle Toh
South Korean Economy - Presidential Election Campaign Issue
SEOUL, SOUTH KOREA - DECEMBER 11: The Samsung logo is displayed at the company's headquarters on December 11, 2012 in Seoul, South Korea. One of the main South Korean presidential election campaign issues is the economy, as the chaebol, South Korea's business conglomerate, dominates the country's wealth while the economic life of middle class people has not been improving. (Photo by Chung Sung-Jun/Getty Images)
Chung Sung-Jun/ Getty Images

Samsung Electronics (SSNLF) has decided to halt television advertisements for the Galaxy Note 7 smartphone in South Korea until the firm can resume new sales of the phone, a person familiar with the matter told Reuters on Tuesday.

The person said ads already paid for would run until the end of their respective contracts but TV advertisements for the phones should end in South Korea sometime this week.

See also: Samsung Shares Plunge to Lowest Level in Weeks After Note 7 Recall

The person, who was not authorized to speak to media on the matter, declined to be identified. A Samsung spokeswoman declined to comment.