Big Tech
Samsung Weighs Multi-Year Deals to Ease Memory Chip Crunch Fears
Samsung Electronics Co. is considering a shift toward multi-year contracts for memory chips, a much longer timeframe than is typical that may help stabilize supply and ease concerns about a shortage of the essential components.
The company is considering lengthening contracts from the current quarterly or annual agreements to as much as three to five years, co-CEO Jun Young-hyun told shareholders at the company’s annual general meeting. That’s as demand for AI memory chips is expected to continue surging in 2026, he said.