Birdwatch Note Rating
2024-04-05 17:37:30 UTC - HELPFUL
Rated by Participant: 2E5679D2BE99235A82BF31AA861ADC9A80170A65BA460702FE65DA7B0E1A4943
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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