Samsung is presently in hot water following the global recall of its recently launched phablet, the Galaxy Note 7. The Korea-based tech company voluntarily conducted the recall under the Consumer Product Safety Commission process after complaints of the device overheating and catching fire.

Despite the recall, multiple news sources have reported that the flagship phablet that is next in line, the Galaxy Note 8, will be out in 2017. A previous report from Sam Mobile said that Samsung had officially released a statement about a trade-in program for its patrons in South Korea.

According to the source, Galaxy Note 7 users can return their units in exchange for Galaxy S7 or Galaxy S7 Edge. Moreover, they will also be eligible for an upgrade to Galaxy S8 or Galaxy Note 8 when the devices come out in 2017.

This Galaxy upgrade program is reportedly only available for Samsung users who are located in South Korea. It remains unclear whether consumers outside South Korea will eventually become eligible for it or not. Multiple news outlets have already tackled this matter, but the statement from Samsung seems to have already been taken down.

To address battery-related issues, the Korean company has reportedly been in talks with various battery makers. Apart from China's ATL and Samsung SDI, an industry source told The Investor -- a Korean online news agency -- that Samsung is also discussing a collaboration with LG Chem.

"The talks have not yet been completed," the source revealed on the condition of anonymity. "It seems highly likely for the two firms to sign a deal."

To date, neither Samsung nor LG has given out a comment about this tip. It must be noted, however, that this deal between these two companies will make the Galaxy Note 8 the very first Samsung device to be powered by LG batteries.