SK Hynix Long-term Supply Agreement Does Not Set Price Cap

BlockBeats News, July 1st, SK Hynix recently signed a Long-Term Supply Agreement (LTA) with a customer using a unique contract structure that does not have a price ceiling. This move breaks away from the traditional pricing model of long-term semiconductor memory contracts and can effectively prevent a sharp rise in revenue during times of supply shortage due to a price ceiling. (Jinse)