SK Hynix Completes Long-Term Supply Contracts with 10+ Customers on July 29

According to SK Hynix on July 29, the South Korean chipmaker completed long-term supply agreement (LTA) negotiations with over 10 core customers, with additional contracts under discussion. The company said LTA contracts typically feature a five-year basic term with prices reflecting market fluctuations to varying degrees per customer. Purchase commitments and deposit mechanisms are included to ensure demand visibility and execution certainty. SK Hynix aims to reduce uncertainty from short-term market volatility while maintaining operational flexibility to capitalize on favorable market conditions.
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