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Report: YMTC to Add Three New Plants, One to Start Production Within the Year
Reuters, citing sources, reported that Yangtze Memory Technologies Co (YMTC) plans to build two additional plants on top of a new facility scheduled for completion this year. Once ...
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Reuters, citing sources, reported that Yangtze Memory Technologies Co (YMTC) plans to build two additional plants on top of a new facility scheduled for completion this year. Once the three new plants are fully operational, each will have a monthly capacity of 100,000 wafers, more than doubling the companys overall production capacity. YMTC currently has two plants in operation with a combined monthly capacity of 200,000 wafers.

The report said YMTCs third plant is located in Wuhan and, like the first two facilities, is expected to commence production within the year, with capacity reaching 50,000 wafers per month next year. The plant has been completed and is installing equipment, more than half of which is sourced from domestic enterprises, including key tools required for chip layer vertical stacking. The company is also strengthening cooperation with Advanced Micro-Fabrication Equipment Inc China (688012.SH)  -4.500 (-1.413%)   and others.

Related NewsFixed Asset Investment (YTD) YoY for Mar in China is 1.7%, lower than the previous value of 1.8%. The forecast was 1.9%.
YMTC held an 11.8% share of the global NAND flash market last year, close to the 13% to 16% shares of SK Hynix (000660.KS), Kioxia (285A.JP) and Micron (MU.US)      , while market leader Samsung Electronics accounted for 30%. UBS expects YMTCs market share to exceed 14% early next year. (fc/da)(A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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