Foreign Media: Chinese memory module manufacturer Biwin Storage recently signed a flash memory chip procurement agreement worth up to $1.86 billion (approximately 12.6 billion RMB), spanning from the third quarter of 2026 to the second quarter of 2028—totaling two years. This amount exceeds Biwin's full-year revenue of 11.3 billion RMB in 2025, triggering the mandatory disclosure threshold set by the Sci-Tech Innovation Board of the Shanghai Stock Exchange.
The agreement adopts a "fixed volume, fixed price" model, though the supplier remains undisclosed due to commercial confidentiality. Biwin stated that this move aims to "ensure long-term chip production capacity and delivery schedules, reducing risks of supply disruptions caused by market volatility."
In terms of procurement scale, the contract volume for 2026 accounts for approximately 4.45% of Biwin's total NAND flash memory purchases in 2025, while this proportion is expected to rise significantly to 14.88% in 2027.
This transaction reflects the current industry reality of tightening supply in the storage chip sector amid surging demand from AI servers and data centers. Chinese downstream storage companies are generally adopting strategies to lock in upstream production capacity in advance, in response to supply pressures during this current upcycle of the storage market.
Original article: toutiao.com/article/1867718384222208/
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