An SSD company has just agreed to an almost $2 billion multi-year NAND deal, which is a sign it expects the memory crisis to stick around for a while

1 month ago 9

Rommie Analytics

The memory crisis has fundamentally changed how we approach memory and storage. It has made consumers adjust expectations about how much capacity they can get, and for what cost, and for companies like Biwin, it has meant having to purchase billions worth of NAND flash memory years in advance just to make sure it has a good supply.

Biwin is in a funny place, being a DRAM kit and SSD manufacturer. Even though the increased demand means it can almost guarantee selling all of its stock, it too will be hit by the supply crisis when it comes to securing precious memory chips. Biwin does not produce its own NAND flash memory, but it does need it for its products.

As reported by Tom's Hardware, it has seemingly signed a two-year deal to give $1.86 billion to an unnamed NAND supplier, in exchange for an agreed volume of chips.

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