[Analysis] SK hynix says Big Tech memory demand remains strong... signs LTA deals with 10 companies

SK Hynix said it has signed multi-year long-term supply agreements with about 10 key customers for memory semiconductors.

The contracts are structured to last at least five years and include safeguards such as deposits to help them hold through industry downturns.

The company pushed back on fears of slower big-tech AI spending, saying memory demand remains solid.

SK Hynix also said HBM4 mass production shipments began in Q2, with output set to ramp in the second half of the year.

It reaffirmed its investment focus on Icheon and Yongin as DRAM and AI memory hubs, and Cheongju as a NAND and advanced packaging base.