Samsung Electronics says halted Galaxy Note 7 production

Samsung Electronics Co Ltd <005930.KS> said on Tuesday it has halted the production of its Galaxy Note 7 smartphones due to consumer safety concerns.

Samsung will likely permanently halt sales of the flagship device permanently, a person familiar with the matter told Reuters. Samsung did not immediately comment on the matter.

(Reporting by Se Young Lee; Editing by Muralikumar Anantharaman)