That's an accurate text book description of the inflation. However, it's not that simple and let's not forget about other currencies and their dependencies.

"Samsung said on Friday in its latest earnings guidance it recorded 13.8 trillion won in operating profit and 76 trillion won in revenue during the fourth quarter of 2021.

It is an increase of 52.5% and 23.5%, respectively, from the same time period a year prior.

The annual revenue figure is the company's highest to date, while annual operating profit is an increase of 43.3% from 2020." (ZDNet, 2022)

Quote from: Ziggy on January 26, 2022, 07:02:15
Samsung are probably using the chip shortage as an excuse to raise prices and further contribute to the increasing inflation.
I almost feel sorry for them seeing their record breaking profits amid the supply chain disruption. /sarcasm

I've got news for you, Samsung - or any other private company for that matter - doesn't cause inflation, your government does when it prints an extra $6 trillion dollars to "spend" over a mere 4 years.

Netflix spelled this out explicitly, when they announced their price increases - exclusively for the US and Canada - the other day. See a theme here?

Higher profits off a dollar which has lost 6% of its value in 12 months is no great mystery.

Or simply wait for prices to drop. I got the S21U 5G (US) for $600 plus taxes. This was a BF deal.

Samsung are probably using the chip shortage as an excuse to raise prices and further contribute to the increasing inflation.
I almost feel sorry for them seeing their record breaking profits amid the supply chain disruption. /sarcasm

Welp... Looks like it will probably be the OP10pro for me. What a bummer.