A wave of hilarious memes flooded social media when news broke that Samsung had
Reports that the smartphone has, for many people, exploded or caught fire have come from all over the world, including one person in New Zealand.
The Galaxy Note 7 was meant to be Samsung's rival to Apple's iPhone 7, and many commentators noted how the smartphone's failure would be a gift to Samsung's competitors.
The decision to permanently discontinue the product, is forecast to cost the company US$17 billion in lost sales.
Social media users were quick to make light of the company's suffering.
Twitter user Stilgherrian posted a photo of a young girl in front of a house burning down with the caption: 'Samsung shareholders meeting.'
Russian Market shared a gif of a man lighting his cigar from a fire in his lap, with the comment: 'Reading Twitter on your Samsung phone.'
Shane Matthew Neave joked soldiers could use the 'explosive' product in war zones when he said: 'Samsung have announced a new product launch, the Samsung Galaxy 7 grenade.'
Last week one enterprising modder made a video using the phone an effective weapon in the anarchic gaming world of Grand Theft Auto V.
Players can purchase the Note7 from an in-game store where it's classed as a "sticky bomb".
A video uploaded to YouTube shows a player using the weapon to blow up cars by sticking the phone to a door, and loading an explosive trap of phones on the road for unsuspecting drivers.
While Samsung probably aren't laughing at the ingenious mod, owners of the phone might enjoy a bit of schadenfraude. After all, exploding batteries can cause serious injuries and even claim lives.
WATCH: CCTV footage of a smoking Smasung Note 7