[Conference Call] Samsung Electronics: "Signed LTAs with 10 Large Customers, Negotiating with 10 More"
Samsung Electronics said on the 29th that it had "signed long-term supply agreements (LTAs) for memory products with 10 large customers and is negotiating LTAs with another 10 major customers," adding that "negotiations with some customers are in their final stages."
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During its third-quarter earnings conference call held that day, Samsung Electronics said, "The likelihood of achieving our target of increasing the share of production capacity covered by LTAs to 60-70% by 2030 is becoming increasingly clear," adding that "the widespread adoption of LTAs will help establish a stable business foundation."
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