Samsung shipped 75.3 million smartphones worldwide in Q3 2016, falling 10% annually from 83.8 million units in Q3 2015. This was Samsung's slowest growth rate for almost two years as market share has dipped from 24% percent to 20% in the past year as the Galaxy Note 7 recall dented its brand image and left a large product gap in its premium smartphone lineup. Samsung will now be looking to its next flagship launch, such as the rumored Galaxy S8 model, to recover momentum in 2017.