Samsung launches Galaxy 8 Note

Samsung released its newest phone, the Galaxy Note 8, on Wednesday with both the usual fanfare and a dose of humility, thanking customers for sticking with its flagship line after the company's last version had to be recalled, CBS News reports.

"None of us will ever forget what happened last year. I know I won't," said company president DJ Koh at a Samsung event in New York to present the Note 8.

The South Korean technology giant has a lot riding on the device beyond winning over consumers. The successor to the Note 7, which had to be recalled twice for a tendency to burst into flames, the Note 8 is Samsung's biggest, priciest and most powerful phone. It comes at a time Samsung is set to invest deeply into new manufacturing facilities.

The company is also mired in a leadership crisis. A court is expected to rule on Friday in the trial of Vice Chairman Lee Jae-yong, who is accused of bribing former South Korean President Park Geun-hye, among other charges.