Samsung, SK hynix expand binding memory supply deals amid prolonged shortage

Samsung Electronics and SK hynix detailed their expanding use of multiyear memory supply agreements in back-to-back earnings calls Wednesday and Thursday, as major customers seek firmer access to capacity that is expected to remain tight through 2028. Samsung said Thursday that it plans to cover 60 to 70 percent of its memory production capacity through long-term agreements. The contracts generally begin with a five-year term and are reviewed annually, allowing another year to be added on a roll