BUSINESSJun 11 · 10:00 UTCSCMP WORLDHoward Liu

To beat chip crunch, Chinese firm inks memory deal bigger than its sales

Chinese memory module maker Biwin signed a $1.86 billion two-year agreement to secure flash memory chips, exceeding its annual revenue, driven by demand from AI servers and data centers. The locked-volume, locked-price deal spans Q3 2026 to Q2 2028, as disclosed in a Shanghai Stock Exchange filing.

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Biwinorganizationflash memory chipstopicartificial intelligence serverstopicdata centrestopicShanghai Stock Exchangeorganization

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