| Mobile Web

Search results for YMTC

Industry

CXMT, YMTC supply push may reshape DRAM and NAND market

China\'s ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies (YMTC) are expanding production capacity using funds raised through initial public offerings, a move expected to affect the commodity memory market led by Samsung Electronics and SK Hynix. Industry estimates show CXMT and YMTC capacity rising sharply through 2028, with CXMT posting strong revenue and profit. Analysts expect further share gains, while Korean makers respond with process transitions.

Industry

YMTC parent CCSH prepares for Shanghai IPO after CXMT debut

CCSH, the parent of Chinese NAND flash leader Yangtze Memory Technologies Co (YMTC), is pushing ahead with a Shanghai listing, drawing attention to whether it could rewrite China’s memory chip IPO records. CCSH plans to offer 1.98 billion to 2.43 billion shares, or 10 to 12 percent of its capital after a capital increase, with a 15 percent overallotment option. It earmarked 33 billion yuan for projects, including production upgrades and R&D.

Industry

Apple\'s plan to source memory from China\'s CXMT and YMTC hits snags amid dual barriers

Apple\'s option to buy Chinese-made memory chips to ease a memory shortage is losing momentum, as U.S. regulatory risks and doubts over Chinese suppliers\' output emerge as obstacles. Apple has considered sourcing RAM from China\'s CXMT and YMTC, but dealing with firms on a U.S. Defense Department blacklist could bring political costs. Concerns were also raised about additional issues with the U.S. government if Chinese memory is used in iPhones.