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Samsung Will Sell Refurbished Galaxy Note 7 Smartphones

Tech giant Samsung Electronics said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries.

Samsung (SSNLF) said in a statement it will determine in which markets it will sell the refurbished Note 7s after discussions with relevant regulatory authorities and carriers.

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The near-$900 phones were scrapped about two months after their launch in one of the biggest product safety failures in tech history.

The company also plans to recover and use or sell reusable components such as chips and camera modules and extract rare metals used in Note 7s such as copper, gold, nickel, and silver.