FIRST AIRED: September 15, 2016

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00:00:01
>> The US Consumer Product Safety Commission on Thursday announcing the official recall of one million Galaxy Note 7 smart phones after several reports of the phones exploding.>> Because this product presents such a serious fire hazard, I urge all consumers to take advantage of the recall right away.
00:00:20
Now is the time to act.>> Jonathan Weber is Reuter's tech editor.>> This is clearly a very difficult situation for Samsung. They've got a very important product out there with a serious, dangerous safety defect. So they are trying to move quickly to recall the devices, and work with regulators, and so forth.
00:00:40
Smart phone recalls are unusual, and particularly things related to safety issue. I mean, normally, you might have some other kind of technical glitch that you need to fix, but to have a situation where phones are actually exploding, I mean, there are 92 cases according to the US regulator.
00:00:58
A number of those cases included injuries, property damage. So this is a kind of a bad thing and pretty rare. And so Samsung has a lot of work to do to contain the damage from this.>> Earlier this month, Samsung said it would recall all Galaxy Note 7 smart phones equipped with the batteries it found to be fire prone and halted their sales in ten different markets.
00:01:23
Just as it's rival, Apple's iPhone 7 gets set to hit store shelves on Friday