Lenovo, HP, Dell and other major global PC makers have signed long-term supply agreements (LTAs) with memory manufacturers to cope with tight global memory chip supply and rising costs, and to improve the stability of component procurement in 2027, according to foreign media reports.
Amid expanding global AI infrastructure investment and surging memory demand, PC makers have faced considerable supply pressure this year. A PC company executive said that in the first half of this year, some companies actually received only 70% to 80% of the DRAM and SSD products they needed. With LTAs now signed, component procurement in 2027 is expected to run without major problems.
Long-term supply agreements not only help stabilize production, but also ease cost inflation to some extent. Although DRAM and SSD prices are still expected to keep rising next year, leading PC makers have strengthened their ability to respond through these long-term contracts. Taking into account price changes in other key components such as CPUs and GPUs, the pace of PC component price increases is expected to slow to 10% to 20% in 2027, which will help companies maintain profitability.
Notably, according to previous media reports, Lenovo Group Ltd (ASX: 00992) is not only a long-term agreement customer of Micron Technology, but has also signed long-term memory product supply agreements with Samsung Electronics and SK Hynix. Against the backdrop of a changing supply and demand landscape in the global memory industry, large-scale procurement capability, long-term supplier relationships and global supply chain management capability are becoming important factors in competition among hardware manufacturers.
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