Apple has signed a long-term NAND flash supply agreement with Kioxia, with a term of three to five years and reportedly no price cap, highlighting the company's shift toward prioritizing supply stability over cost reduction.
Apple (AAPL.O) has signed a long-term supply agreement (LTA) with Japan’s Kioxia for NAND flash memory, according to the Korean Economic Forum Report. The deal is said to run for three to five years and may come without a price cap. That’s a shift. Apple, long known for pushing hard in memory pricing talks, now appears to be putting supply stability ahead of squeezing costs.
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