Samsung Memory Unit Allocates About 70% of Capacity to LTAs Through 2031

According to Jin10, South Korean media reported that Samsung's memory business unit has allocated about 70% of its capacity through 2031 to long-term agreements (LTAs), with major signed customers including Nvidia, Microsoft, and Google. However, competition for HBM supply is so intense that even these large technology companies cannot secure all of the contracted volume, pushing spot prices higher.