The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little track record.
The remarks come after environmental group Greenpeace issued a statement earlier this week demanding the world's top smartphone maker find a way to reuse rare materials in the discontinued smartphones that Samsung is taking back.
'Let us use this crisis as a chance to make another leap by re-examining and thoroughly improving how we work, how we think about innovation and our perspective of our customers.'
The U.S. Consumer Product Safety Commission has issued recalls for battery packs, snow blowers, hoverboards, flashlights and power recliners in the past year, all because of fires caused by lithium-ion batteries.
The U.S. Consumer Product Safety Commission said on Thursday the Note 7's 'battery can overheat and catch fire, posing serious fire and burn hazard to consumers.'
In a regulatory filing, Samsung said it was 'adjusting' shipments of Note 7s to allow for inspections and stronger quality control due to some devices catching fire.
The world's largest smartphone maker announced a global recall of at least 2.5 million of its flagship Note 7 smartphones in 10 markets last month due to faulty batteries causing some phones to catch fire.
The company recalled Galaxy Note 7 smartphones in 10 markets including South Korea and the United States after finding its batteries were prone to ignite.