A one-year contract is now a thing of the past; Samsung and SK Hynix only sell with long-term orders of 3-5 years.
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Samsung Electronics and SK Hynix have decided to abandon the annual or even quarterly short-term supply contract model they have used for years, and instead require major global technology clients to sign 3 to 5-year long-term supply agreements (LTA). This change marks a fundamental restructuring of the business logic in