Chinese Chipmaker Secures Major NAND Flash Memory Supply Deal

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-11T16:46:00Z
Category: technology
Source: South China Morning Post
Original source

Biwin Storage Technology, a Chinese firm, has finalized a substantial $1.86 billion agreement for enterprise-grade NAND flash memory. This long-term deal, extending through 2028, aims to ensure a consistent supply and stable pricing for the company. The move addresses potential disruptions in the global semiconductor market.

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