Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
1 / 7
0

Crushing shortages force Biwin into $1.86 billion NAND deal for SSDs — multi-year agreement locks in fixed pricing…

Reading 0:00
15s threshold

(Image credit: Biwin) In the spirit of the times, Biwin, a well-known producer of solid-state drives and memory modules, announced that it had signed a two-year 3D NAND memory agreement worth $1.86 billion, the company told us at Computex 2026 . We then dug up the announcement in a filing with the Shanghai Stock Exchange. The amount of money the company plans to spend on flash memory exceeds 50% of Biwin's annual revenue, demonstrating how committed SSD makers are to securing NAND supply amid shortages. Biwin's disclosure comes after several other companies assumed massive amounts of debt to secure supply , and crushing shortages have forced customers into ever-longer long-term supply agreements (LTAs) . Under the terms of the agreement, Biwin will purchase $1.86 billion worth of 3D NAND memory from an unknown supplier over a period of 24 months that starts on June 30, 2026.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More