Samsung Electro-Mechanics adds a memory-substrate supply contract

DigiTimes reports that Samsung Electro-Mechanics signed a long-term agreement to supply packaging substrates for memory products. The customer and end application were not disclosed. The contract is valued at KRW360.487 billion, or about US$260 million, and shipments are scheduled to start in 2027. The deal extends the company’s contracted business into memory-related substrates, although the announcement does not identify the memory maker or indicate how much production capacity is involved.