China's top memory chip maker YMTC to build 3rd plant, eyeing 2027 start
15 days ago
- #AI Boom
- #Semiconductors
- #YMTC
- YMTC, China's leading NAND flash memory chip maker, is constructing its third plant.
- The company aims for the new plant to start operations by 2027.
- YMTC is focusing on increasing its market share by leveraging the AI boom and domestic demand.
- Despite being blacklisted by the U.S., YMTC continues to expand its production capabilities.
- The expansion is part of China's broader efforts to localize semiconductor production.