Biwin Locks in Volume and Price with a $1.86 Billion Purchase of Enterprise Flash Chips

Biwin announced that it has signed a routine procurement contract with a memory chip manufacturer. Under the agreement, Biwin will purchase enterprise-grade flash chips from the supplier at specified volumes, prices, and timelines. The total committed procurement amount is $1.8608 billion, featuring locked-in volume and price over a 24-month commitment period. As stipulated in the agreement, the contract applies to both parties as well as their respective subsidiaries under their control. The term of the contract runs from its effective date until June 30, 2028.

The announcement noted that the procurement volume for 2026 accounts for only 4.45% of the company's total NAND Flash purchases in 2025, representing a minor proportion. For 2027, the procurement volume will account for 14.88% of the company's total NAND Flash purchases in 2025, also remaining a relatively small share. By signing this contract, the company has secured a portion of its baseline requirements for the next 24 months in advance. This aligns with its business scale and strategic planning, making the overall risk generally controllable.