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Biwin Storage Technology signs US$1.5 billion procurement contract for storage wafers
Wednesday, April 1, 2026 at 05:16 AM
Biwin Storage Technology has entered a major procurement agreement with an undisclosed storage wafer supplier. Under the terms of the 24-month contract, Biwin will purchase US$1.5 billion worth of storage wafers. This deal highlights significant ongoing demand and inventory securing strategies within the memory supply chain for the next two years.
Context
Biwin Storage Technology has officially signed a major procurement contract valued at US$1.5 billion to secure a consistent supply of storage wafers over the next 24 months. Announced on March 25, 2026, the deal establishes a long-term relationship with an undisclosed major storage manufacturer to provide specific high-volume wafer types. This move is intended to stabilize the company's supply chain and lock in baseline pricing amidst a volatile global memory market.
This massive investment underscores Biwin's aggressive growth strategy and its transition from a module integrator to a high-scale industrial player. By securing such a significant volume, the company aims to meet the surging demand for storage solutions driven by AI infrastructure and advanced computing. The contract follows recent financial forecasts suggesting a substantial uptick in Biwin's profitability, positioning the company to better compete with global tier-one memory suppliers as capacity constraints for advanced DRAM and NAND persist.
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