Why People Side with Samsung Over Apple
μλ³Έ (Korean)
Translation + Context
FT = ForbiddenTome β tap to see Korean slang explained
MU CEO, essentially: "For over 10 years, $AAPL bought our chips for $5, slapped them in a metal box, and laughed at us when we tried to get $7 while they sold it to consumers for a $99 upgrade price. Now we're charging them $50, and they turned around and hit their customers with a $250 price increase." Rating this translation: B
To summarize it more readably - Chip Maker: Selling chips for $8! Apple: We'll buy a million at $10! Never sell to any other company! Chip Maker: Wow, of course! Chip Maker: All done, pay me now. Chip Maker: Apple? I'm done, so pay up? Chip Maker: Apple! I spent all my money making this! You really gotta pay me! Apple: $3. Chip Maker: ? Apple: $3 per unit. Or we're out. Chip Maker: ?? Apple: You know you can't sell to anyone else because of the contract, right? If you don't lower it to $3, we're out too. Screw it. Chip Maker: What the f***?
Putting in hundreds of trillions of won and paving their own road to ruin
Once you actually invest hundreds of trillions of won and produce NAND, the manufacturers' margins are close to -90%, yet Apple is buying it cheap and reselling it to consumers while raking in a ridiculous 90% margin. Large-scale investments to expand NAND manufacturers' production capacity have ultimately fattened the wallets of major US semiconductor equipment companies, Apple, and Big Tech, while NAND manufacturers are putting in hundreds of trillions of won only to walk themselves toward destruction. Below are the estimated margins for NAND manufacturers and Apple as of Q1 '23.
Chart 17, NAND margin estimates for Q1 '23
Samsung
Micron
Apple
Kioxia
Source: Eugene Investment Securities
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When Apple was booming, they'd buy chips for $5 and sell them to consumers for $99
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Because of that, Samsung and SK Micron nearly went bankrupt
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If they'd actually collapsed back then, Korea would've gotten completely screwed out of this whole AI bubble boom
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Samsung
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Made hundreds of trillions from the AI bubble, and now on top of stock prices and dividends, they're running a thank-you festival event with a 20% bonus giveaway
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Isn't it natural that most Koreans side with Samsung?
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11 comments
Holy fuck Apple was such a scumbag move lol
They screw over their own customers like breathing, so what's a supplier to them
There was a recent article about thisβApple's buying strategy apparently made the memory shortage worse lmao
They tanked chip prices so bad that companies couldn't justify investing in production lol
Apple pulled that crap so suppliers had no extra cash to invest in scaling up + after seeing Apple's scumbag moves, memory companies refused to increase production unless they got upfront payments
Survived that crisis only to deal with Samsung going on strike lol??? : Samsung needs to be wiped out
the real reason: samsung doesn't make you sell a kidney to buy a charger π
Apple's just a straight up asshole
Samsung sucks, sure, but Apple is an absolutely fucking despicable global trash company, and the fact there were dumbasses defending these goddamn assholes still blows my mind honestly
Don't sleep on the vibes bro~
It's literally a cult lmao has nothing to do with intelligence. People use it to fill some void in themselves apparently. This person literally said so themselves. Video stuff is supposedly essential but everything else is just a pain in the ass lol
Apple's just a global piece of shit, and people defending them are just braindead fanboys
finally someone said it π apple's been overcharging us for the same phone every year and we just accept it
nah this is cap, i switched to samsung and the software is so clunky compared to ios lol
unpopular opinion but apple's ecosystem actually slaps once you're in it... samsung just feels scattered
samsung's cameras have been outperforming iphone for like 3 years straight and people still act shocked
honestly both mid, just get a cheap xiaomi and save your money for something that actually matters