Yangtze Memory Technologies business and news from across the web.
China's Yangtze Memory Technologies (YMTC) is reportedly planning to significantly increase its wafer production by building two new foundries. This expansion aims to more than double its output, potentially making it a major global producer of NAND flash memory chips used in SSDs. The move is also seen as China's effort to reduce reliance on US chip manufacturers amidst export restrictions.
