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SEOUL Oct 10 South Korean shares ended slightly
higher on Monday, shaking off a sharp tumble in market
heavyweight Samsung Electronics Co Ltd amid a deepening phone
The Korea Composite Stock Price Index (KOSPI) closed
up 0.2 percent at 2,056.82 points.
Samsung Electronics fell as much as 4.6 percent
at one point, before ending 1.5 percent lower.
The company has suspended production of its flagship Galaxy
Note 7 smartphones, a source said on Monday, after reports of
fires in replacement devices added to the tech giant's worst
ever recall crisis.
The South Korean won strengthened as Samsung
Electronics shares clawed back some ground.
The won was quoted at 1,108.5 to the dollar at
the conclusion of onshore trade, up 0.6 percent compared to
Friday's close of 1,115.5.
(Reporting by Dahee Kim; Editing by Kim Coghill)