An SSD company has just agreed to an almost $2 billion multi-year NAND deal, which is a sign it expects the memory…
SSD manufacturer Biwin has entered into a two-year, $1.86 billion deal for NAND flash memory, securing supply through June 2026. This significant commitment, representing over half of Biwin's annual revenue, indicates the company's expectation that the ongoing memory crisis will persist. Major memory manufacturers like Micron, Samsung, and SK hynix are working to increase production, though they are cautious about over-ramping due to potential demand drops.
- Entities
- Company: Micron
- Company: SK Hynix
- Company: AMD
- Company: Samsung
- Topic: Memory Crisis
- Company: Biwin
- Topic: NAND Flash
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