China’s YMTC breaks into global top three flash-memory suppliers for first time

AI Summary

Yangtze Memory Technologies Corp (YMTC) of China has become one of the top three global NAND flash memory suppliers by volume for the first time, capturing 14% of shipments in Q2 2025. This marks a significant step in China's semiconductor industry as it aims to compete with global leaders in high-value data storage.

Yangtze Memory Technologies Corp (YMTC) has broken into the world’s top three NAND flash memory suppliers by volume for the first time, marking a milestone for China’s semiconductor ambitions as it strives to narrow the revenue gap with global rivals in high-value data-centre storage. The Wuhan-based chipmaker captured 14 per cent of global NAND bit shipments – a measure of total storage capacity shipped rather than total chip units – in the second quarter, narrowly overtaking Japan’s Kioxia,...