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Will It Have No Impact on Domestic Semiconductor Stock Prices? This Time, China's YMTC Pushes for a 6.8 Trillion Won IPO.
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[Digital Daily Reporter Lee Anna] Chinese NAND flash manufacturer Yangtze Memory Technology Co. (YMTC) has begun the process for an initial public offering (IPO) worth approximately 6.8 trillion won. Following the recent move by DRAM manufacturer Changxin Memory Technology Co. (CXMT), YMTC is now also seeking to raise large-scale capital through the stock market. As the Chinese memory industry moves to expand production and catch up in technol…
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