Jim Cramer: Samsung's Recall Puts Reputation at Risk

Samsung may suffer even greater reputation risk if it pressed suppliers and partners to get its faulty Galaxy Note 7 phones out too early, said TheStreet's Jim Cramer. Samsung Electronics said on Monday a Galaxy Note 7 phone a Chinese user claimed caught on fire was damaged by external heating. The incident comes as the company suffers from a massive recall of Samsung's Note 7 phones worldwide due to faulty batteries causing the devices to catch fire while charging or in normal use. Samsung has said it has sold 2.5 million phones equipped with the suspect batteries.