Matsushita to Pay Up to $170 Million for Battery Fiasco
After releasing a product advisory for over 46 million Nokia BL-5C batteries, Nokia announced that Matsushita would cover all the costs associated with the recall.
According to Matsushita, the estimated cost would be somewhere between $85 million and $170 million dollars (USD).
About 100 of the BL-5C batteries were found to overheat while being charged, but there were no "serious" injuries due to the defective batteries.
Matsushita/Panasonic said it would cover all costs for replacing defective BL-5C batteries.
Tags: batteries, bl-5c, matsushita, nokia
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A recent incident has been reported in Kolkata yesterday where a young woman had got a severe burn on her face while charging her Nokia BL-5C battery.