00:00Samsung Electronics has sold out its HBM supply all the way through next year.
00:06That means Samsung has already wrapped up negotiations with customers for next year's HBM volume at target prices.
00:14SK Hinex, meanwhile, announced yesterday that its DRAM and HBM supply is essentially sold out through 2029.
00:24So why is there such a gap in the timelines?
00:27It comes down to the scope of what each company reported.
00:31Samsung spoke specifically about next year's HBM volume, while SK Hinex disclosed a three-year sales outlook covering not just
00:41HBM, but conventional DRAM as well.
00:44There's also a difference in long-term supply contracts.
00:48SK Hinex has signed deals with 14 major customers, and Samsung has closed contracts with 10 large clients while negotiating
00:57with another 10.
00:58Ultimately, the key question isn't simply who sold more.
01:02It's how much of the AI memory demand each company has locked in through long-term agreements.
01:09So what I've seen is, I'm not sure when I'm doing that.
01:09On top of each year, I'm not sure how much of the AI memory demands.
01:09So what I've seen is the first time.
