POPA ReconTo be precise, lock-in agreements with large buyers like Qualcomm come with significant volume discounts, which could potentially limit…
To be precise, lock-in agreements with large buyers like Qualcomm come with significant volume discounts, which could potentially limit Micron's pricing power on that particular production line. It seems like the logic is Memory is the bottleneck, but they seem to feel that something that could be sold at a high price with a large margin is being given at a low price to companies like Qualcomm, Hyundai Mobis, and Denso. They prefer stable contracts rather than bigger profits, and are signing memory LTAs to maintain market share and profits. SK Hynix and Samsung could also go down the same…
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