Key facts
- YMTC has become the third-largest global NAND flash supplier by shipment volume.
- This ranking was achieved in the second quarter, surpassing Kioxia.
Yangtze Memory Technologies Corp. (YMTC) has surpassed Kioxia to secure the third position in the global NAND flash market by shipment volume during the second quarter. This marks a significant achievement for the Chinese semiconductor company, as it enters the top three suppliers for the first time.
YMTC's rise in the NAND market underscores China's growing capabilities in advanced memory chip manufacturing. The company's progress is a key development in the global semiconductor landscape, particularly in the competitive NAND flash sector.