Biwin Secures Chip Supply Deal Through 2028
Hızlı Bakış
- Biwin has signed a locked-volume, locked-price deal to buy enterprise-grade chips from Q3 2026 to Q2 2028.
- The contract, valued at 12.6 billion yuan, aims to secure medium- to long-term capacity and reduce supply disruption risks.
Yapay zekâ özeti
Neden Önemli?
Biwin has entered into a locked-volume, locked-price agreement to purchase enterprise-grade chips from the third quarter of 2026 through the second quarter of 2028. The supplier remains undisclosed due to commercial confidentiality. This contract is valued at 12.6 billion yuan, exceeding the mandatory disclosure threshold for the Shanghai Stock Exchange's Star Market.
Under the locked-volume, locked-price arrangement, Biwin would buy enterprise-grade chips in batches from the third quarter of 2026 through the second quarter of 2028, according to a filing with the Shanghai Stock Exchange on Tuesday. The supplier was not disclosed, citing commercial confidentiality.
The company said the contract would “secure medium- to long-term capacity and delivery schedules for memory chips, reducing the risk of supply disruption caused by market fluctuations”.
Biwin’s 2025 revenue of 11.3 billion yuan (US$1.7 billion) is eclipsed by the deal, which is equivalent to 12.6 billion yuan and is far above the threshold that triggers mandatory disclosure under Star Market rules.
The arrangement highlights how Chinese downstream storage firms are responding to the current memory upcycle by locking in upstream supply earlier and for longer periods.
Biwin said the 2026 purchase volume under the contract would amount to 4.45 per cent of its 2025 NAND flash procurement, rising to 14.88 per cent in 2027. Figures for the first half of 2028 were not disclosed.
Açık Sorular
- Who is the undisclosed supplier of the enterprise-grade chips?
- What specific types of enterprise-grade chips are included in the contract?
- What are the specific volume commitments for the first half of 2028?
- What are the specific price points or pricing mechanisms for the locked-price arrangement?
