Chinese cloud giants negotiate up to 10‑year memory supply deals with Samsung and SK Hynix
Alibaba, Tencent and ByteDance are in talks with South Korean chipmakers Samsung Electronics and SK Hynix to secure long‑term supply of server DDR and LPDDR memory for AI data centers. The agreements could run as long as ten years, reflecting heightened demand and tighter supplies after U.S. restrictions on Micron. Industry analysts say the contracts may push memory prices higher as Chinese providers compete for limited chips.
Why it matters
Daishin Securities expects memory prices to continue rising as Chinese cloud providers seek long‑term supplies (). The deals could help Samsung and SK Hynix preserve market share in China’s fast‑growing AI data‑center market.
Key facts
- 1Chinese cloud service providers are negotiating long‑term supply agreements of up to ten years with Samsung Electronics and SK Hynix. pulse.mk.co.kr
- 2Alibaba, Tencent and ByteDance are among the Chinese firms seeking the memory deals. thestandard.com.hk
- 3The contracts cover server DDR and LPDDR memory used in AI data centers. pulse.mk.co.kr
- 4Daishin Securities expects memory prices to continue rising as a result of the agreements. pulse.mk.co.kr
- 5SemiAnalysis reports China has built more than 24 GW of AI data‑center capacity, with additional capacity under construction. thestandard.com.hk
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.