Samsung’s shares have fallen further, and those of its rivals’ rose, after the South Korean firm revealed it is going to take an initial 2.6 trillion won (2.09 billion euros) hit from scrapping the Galaxy Note 7 smartphone.

Samsung is to abandon production of its Galaxy Note 7 smartphones due to consumer safety concerns.

This week in Business Line we look at the triumphs and troubles of Samsung and Apple.

What Is the future of the smartwatch?

South Korean technology giant Samsung just reported better than expected profit between April and June, up 18 percent from a year earlier to 8.1 trillion won (6.47 billion euros).

A legal fight between South Korea’s Samsung and China’s Huawei just ratcheted up.