Birdwatch Note Rating
2024-04-06 00:31:36 UTC - HELPFUL
Rated by Participant: 6ECAF27243CF782B6F3C1819EBE664B90FC59DBE5F59D7B8C72204C821E99167
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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