Today Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year.

Today Samsung said in a statement it will offer 400,000 phones , dubbed the Galaxy Note 7 Fan Edition, in its home country priced 699,600 won ($611) - about 30 percent lower than the Note 7's original launch price. The devices will be made from recalled, unsealed Note 7 handsets and unused Note 7 components. Is that a good idea?

SAMSUNG The world's biggest smartphone maker by volume was forced to halt sales of the Note 7 in October, roughly 2 months after its launch , due to fire-prone batteries from two different suppliers. The incident cost Samsung over $5 billion in operating profit and damaged its reputation, though the firm has since recovered with the successful launch of the Galaxy S8 it launched this year.