Apple signs long-term NAND supply agreement with Kioxia, possibly without a price cap.

BlockBeats News, September 8 - According to South Korea's Economic Forum Daily, Apple (AAPL.O) has signed a long-term supply agreement (LTA) for NAND flash memory with Japan's Kioxia. Speculation in the memory market suggests that this contract spans three to five years and may not include a price cap. This indicates that Apple, which holds significant bargaining power in memory price negotiations, is prioritizing securing a stable supply of NAND flash over cost reduction.