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Chinese memory module maker Biwin signed a two-year, $1.86 billion locked-volume, locked-price agreement to buy enterprise-grade flash memory chips from an undisclosed supplier, covering Q3 2026 through Q2 2028.
“The contract would 'secure medium- to long-term capacity and delivery schedules for memory chips, reducing the risk of supply disruption caused by market fluctuations'.”scmp.com
Summarized from public sources; check the original articles before acting on it.