Hasty Briefsbeta

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.