[Apple and Kioxia Sign Long-Term NAND Supply Agreement, Possibly Without Price Cap] BlockBeats News, September 8, according to South Korea's *Economic Forum Daily*, Apple (AAPL.O) and Japan's Kioxia have signed a long-term supply agreement (LTA) for NAND flash memory. Speculation within the memory market suggests that the contract duration is three to five years and may not include a price cap. This indicates that Apple, which holds significant bargaining power in memory price negotiations, is prioritizing ensuring a stable supply of NAND flash memory over cost reduction.