BUSINESSSCMP CHINA
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 AI server and data center demand. The deal involves enterprise-grade chips purchased in batches from Q3 2026 to Q2 2028 under a locked-volume, locked-price arrangement.
Mentioned
Related Signal
Adjacent reporting
- To beat chip crunch, Chinese firm inks memory deal bigger than its sales
- Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal
- Chinese memory makers step up challenge to Korea’s chip champions
- Japan memory maker Kioxia's market cap surges on AI investment boom
- Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal
- Anthropic, Microsoft in talks for AI chip deal after $5 billion investment