Samsung Electro-Mechanics lands long-term memory substrate contract

DigiTimes reports that Samsung Electro-Mechanics secured a long-term contract worth KRW360.5 billion, or about US$271.8 million, to provide package substrates for memory semiconductors. The source frames the agreement as part of the company’s expansion in components used by AI servers. The disclosed summary does not specify the customer, shipment schedule, or capacity covered by the contract.