Samsung recalls more than 1 million electric stoves; 250 fire incidents reported, 40 people injured

250 fire incidents:

• The reason for this is that 250 fire incidents involving this company's stove resulted in property damage, the death of pets, and about 40 injuries.
• South Korea's largest company is offering free locks and covers to buyers of more than a dozen stove models.
• These stoves should be in the 'off' position, according to a notice posted on the US Consumer Product Safety Commission's website.
• Samsung sold the stoves nationwide through retailers ranging from Best Buy to Costco, for between $1,250 and $3,050.

Samsung reports:

• Samsung confirmed the measures and recalls in a statement, though it did not mention fires or injuries.
• A company spokesperson said the front-mounted knob problem is industry-wide and that Samsung is working with the commission and other major brands to bring security standards into focus.
• The company plans to offer only bolt-on fixes, not refunds or exchanges.
• Consumer brands around the world are familiar with product recalls. Samsung itself conducted one of the biggest recalls in the tech industry so far in 2016.