China’s YMTC breaks into global top 3 flash-memory suppliers for first time

SCMP TechAugust 13, 2026en

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,...

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