
What you need to know
- Samsung's vice chairman of Samsung Electronics' DS Division, Jeon Young-hyun, issued a rare apology for the company's failure to innovate.
- The release comes after Samsung's most recent phones, the Galaxy Z Fold 6 and Galaxy Z Flip 6, reportedly aren't selling well.
- Additionally, recent reports from International Data Corporation show that Samsung is losing smartphone market share while its competitors are gaining it.