Birdwatch Note Rating
2024-04-05 17:52:15 UTC - HELPFUL
Rated by Participant: E3BF11E785C11C127B871580DF53667CEA123C95BC409BB1CD559986CBA338C8
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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