The U.S. division of Samsung has reached an agreement with the Consumer Product Safety Commission to recall just under 2 million Note 7s. Exactly 1.9 million of the Samsung Note 7 are being recalled so that they can be replaced.
Owners of the phone will be able to take it into a store and exchange it for a new version of the phone. They can also get a full refund for the phone if they don't want a new one. On top of the refund, they will get a $100 credit if they choose a different Samsung phone. A $25 credit will be given if they choose a phone from another brand.