Samsung to Offer Refunds on PCs With Flawed Intel Chip

Samsung Electronics is planning to offer full refunds or exchanges to customers who purchased its computers with a flawed Intel chipset. The Korean electronics maker Tuesday said the chips were used in five PC lines it sells in Korea and one in the U.S., according to a Wall Street Journalreport.

Samsung doesn't expect the refunds to lead to a financial hit on its business, as Intel has said it will make good on any refunds or maintenance support costs that its computer maker customers must bear as a result of its flawed chipset.

Sponsored Links
For Intel (INTC), however, revenue from the sales of its recently released Intel 6 Series chipset, code named Cougar Point, was expected to fall by $300 million in the first quarter, as it halts shipments and faces a lag time before the new and improved 6 Series chipsets reach full production in April.

Read Full Story

Markets

DJIA 26,743.50 86.52 0.32%
NASDAQ 7,986.96 -41.28 -0.51%
NIKKEI 225 23,869.93 195.00 0.82%
HANG SENG 27,953.58 475.91 1.73%
DAX 12,430.88 104.40 0.85%
USD (per EUR) 1.18 0.00 -0.05%
USD (per CHF) 0.96 0.00 0.02%
JPY (per USD) 112.56 0.07 0.06%
GBP (per USD) 1.31 -0.02 -1.48%