Samsung has permanently scrapped prodution of its Note 7 phablet after a number of replacement handsets also overheated and burst into flames.
The move comes shortly after the vendor halted production to investigate growing reports of the new units spontaneously combusting. At this point, neither US nor South Korean authorities appear to know why exchanged models equipped with a supposedly safer battery are catching fire, as did the originals.
Last month the company recalled some 2.5 million phones ostensibly to address the problem. Now it has admitted its inability to fix the issue.
In a regulatory filing, Samsung reportedly confirmed it has officially killed the Note 7, according to Android Authority.
"Taking our customer's safety as our highest priority, we have decided to halt sales and production of the Galaxy Note 7," the vendor is quoted as saying.
Samsung has instructed consumers with either an original Galaxy Note 7 or a replacement unit to immediately power down and stop using the device.
The company is offering consumers either a full refund at the original price or the option to replace Note 7 units with any other model of Samsung phone. The vendor is also offering users a refund for any difference in price, along with a $45 credit voucher.
Problems caused by the faulty phones include an incident last week when an overheating, smoking Samsung Note 7 replacement model forced Southwest Airlines to evacuate 75 passengers on a plane preparing to take off from the Louisville airport in Kentucky.
The price of Samsung's shares tumbled more than eight per cent in what amounted to a $17bn reduction in its market value.
Software developer Euvic and datacentre firm 3S Data Centre each grab 50 per cent share
Despite previous misgivings, distributor now sees America as 'a continuation of our journey'
CEO David Martinez says security VAD will expand further through M&A this year
Distributor announces first deal in western Europe for five years