CNN: Samsung Issuing Global Recall for Galaxy Note 7 over Fire Problem with Battery

Samsung is recalling the Galaxy Note 7 worldwide over battery problem (CNN)

The massive recall of one of Samsung's flagship devices is an embarrassing setback for the world's biggest selling smartphone maker. The Note 7 was unveiled just a month ago, and big rival Apple (AAPL, Tech30) is expected to show off its new smartphone next week.

Samsung (SSNLF) said Friday it had found a problem with the battery in some of the phones and was halting sales. In the coming weeks it will offer customers a new product for free to replace all 2.5 million Galaxy Note 7s that have been sold.

It's unclear what owners of the phones should do now. The company said it will take about two weeks to prepare the recall, and the date new products will be available will vary by country. People worried about their batteries should contact their nearest Samsung service center, it added