YMTC targets 70% domestic equipment for its fourth memory chip fab
Photo: Crypto Briefing
China's largest flash memory maker wants at least 60% Chinese-made tools in its next Wuhan factory, up from just over half at its third China’s biggest flash memory chipmaker is running a high-stakes experiment in self-reliance. Yangtze Memory Technologies Co, better known as YMTC, plans to source as much as 70% of the equipment for its planned fourth factory from domestic suppliers. Reuters reported the plan, citing two people familiar with the matter. The floor is at least 60%, with 70% as the stretch goal. The new target is a clear step up from YMTC’s third fab.
Source: Crypto Briefing
