Samsung Electronics reported a consolidated operating profit of approximately 9.1 trillion Korean won (about $6.78 billion) for Q3 2024, with total sales around 79 trillion Korean won. Despite these strong results, Vice Chairman Jeon Young-hyun publicly apologized for concerns about the company’s technological competitiveness. Jeon highlighted the need for innovation, new technologies, and a cultural shift within the organization to restore Samsung's technological edge and quality