Birdwatch Note Rating
2024-04-05 17:35:55 UTC - HELPFUL
Rated by Participant: 170552E6B881FD1E77F82AFB5BA7BCA8CB90696E0DE42065968CDD4275F8AB05
Participant Details
Original Note:
931% increase is not Samsung electronics' mobile division alone. The main cause is actually the rise in price of memory chips, due to high demand in AI data center among other things. https://asia.nikkei.com/Business/Tech/Semiconductors/Samsung-flags-Q1-tenfold-operating-profit-surge-amid-memory-bounce https://www.cnbc.com/2024/04/05/samsung-q1-2024-earnings-guidance-memory-chip-prices-rebound.html S24 series is only selling about 8% more than S23, not enough for 900%+ growth. https://www.sammobile.com/news/galaxy-s24-sales-8-percent-higher-galaxy-s23/
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