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

Chinese memory module maker Biwin has signed a two-year agreement worth US$1.86 billion to secure flash memory chips, a

deal larger than its annual revenue, as demand from artificial intelligence servers and data centres squeezes supply. Under the locked-volume, locked-price arrangement, Biwin would buy enterprise-grad...

via South China Morning Post
 
 
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