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China's top flash memory chipmaker targets more homegrown tools for new factory

Summary by Reuters
China's largest flash memory chipmaker, Yangtze Memory Technologies Co (YMTC), plans to source as much as 70% of the equipment for a planned ‌fourth factory from domestic suppliers, two people familiar with the matter said.

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Yangtze Memory Technology Co. (YMTC), China's largest NAND flash manufacturer, is pursuing a plan to source up to 70% of the manufacturing equipment to be installed in its new semiconductor plant from Chinese suppliers. This move aims to expand its advanced NAND production capacity using domestic equipment amidst U.S. export restrictions on semiconductor equipment. However, a variable has emerged regarding securing funds for the expansion as the…

(Beijing=Yonhap News) Correspondent Kim Hyun-jung = Chinese NAND flash manufacturer Yangtze Memory Technologies Co. (YMTC) plans to introduce up to 70% of the semiconductor manufacturing equipment to its new factory...

·Seoul, Korea (the Republic of)
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Crypto Briefing broke the news on Friday, November 6, 2026.
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