China's Yangtze Memory takes on rivals with new chip plant - Nikkei Asia

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Brady Wang, an analyst with Counterpoint, told Nikkei Asia that Yangtze Memory was working on its technology even before the company was formally launched in 2016.

Yangtze Memory's success is also viewed as a victory for China, as the world's second-largest economy strives to localize semiconductor production and build industry champions.

Most YMTC flash memory is currently used to make consumer-grade solid-state drives (SSDs), mainly for the Chinese market.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Nand Global Yangtze Memory Flash Nikkei China Chinese Year Ymtc Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 04:49:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 6 minutes read

Article Length: 1074 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 5315

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About Nikkei Asia

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