The Galaxy Note 7 is one phone that Samsung is certainly not very proud of following last year's global recall after scores of Note 7 units exploded across the world. But it seems that the South Korean company has still not given up on this infamous phone.

South Korean publication Hankyung suggests that Samsung may re-launch a refurbished version of the Galaxy Note 7 phone with a smaller battery. This re-launch will reportedly only happen in emerging markets like India and Vietnam.

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Samsung is wisely ignoring the U.S. and European markets, considering that tough regulatory laws in these regions would not allow the Galaxy Note 7 to make a re-entry. The company's decision to go for smaller batteries is understandable since it was the battery issue that caused hordes of Note 7 phablets to explode last year.

Hankyung reported that the refurbished Galaxy Note 7 phone would be launched with 3000mAh-3200mAh batteries, while the original phone had a 3500mAh battery. The refurbished phone is expected to be launched in June.

The Galaxy Note 7's spectacular failure last year came as a huge blow for Samsung, as the company had pinned its hopes on this phone to regain its market share in several of the key markets across the globe. The South Korean giant has now diverted all its focus to the Samsung Galaxy S8, which is likely to hit the market soon enough. Expectedly, the success of Galaxy S8 has become like a do or die situation for Samsung. A failure would most certainly raise questions about the company's ability to compete with Apple and Chinese smartphone manufacturers.

Samsung's decision to re-launch a refurbished version of the Galaxy Note 7 seems to be propelled not just by commercial reasons, but also environmental concerns. After all, disposing of millions of Note 7 handsets is most likely to cause enormous damage to the environment.