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

To beat chip crunch, Chinese firm inks memory deal bigger than its sales The US$1.86 billion multi-year flash deal with unnamed supplier underscores how downstream companies scramble to secure capacity Under the locked-volume, locked-price arrangement, Biwin would buy enterprise-grade chips in batches from the third quarter of 2026 through the second quarter of 2028, according to a filing with the Shanghai Stock Exchange on Tuesday. The supplier was not disclosed, citing commercial...

South China Morning Post 3h ago