Home Business & Finance YMTC Passes Kioxia in NAND Shipments for First Time, Report Says
Business & Finance

YMTC Passes Kioxia in NAND Shipments for First Time, Report Says

Key Points

YMTC Passes Kioxia in NAND Shipments for First Time, Report Says China’s Yangtze Memory Technologies Co. edged out Japan’s Kioxia Holdings Corp. for the first time in flash memory shipments during the June quarter, a sign that Chinese chipmakers are benefiting from AI-driven shortages. Wuhan-based YMTC, which has kicked off a bid to list its shares, caught up with investor darling Kioxia and narrowed its gap with Samsung Electronics Co. and SK Hynix Inc. in terms of global NAND bit shipment...

YMTC Passes Kioxia in NAND Shipments for First Time, Report Says China’s Yangtze Memory Technologies Co. edged out Japan’s Kioxia Holdings Corp. for the first time in flash memory shipments during the June quarter, a sign that Chinese chipmakers are benefiting from AI-driven shortages. Wuhan-based YMTC, which has kicked off a bid to list its shares, caught up with investor darling Kioxia and narrowed its gap with Samsung Electronics Co. and SK Hynix Inc. in terms of global NAND bit shipment volume, data from market tracker Counterpoint show.
YMTC Passes Kioxia (PERSON) First Time (ORG) China (LOCATION) Yangtze Memory Technologies Co. (ORG) Japan (LOCATION) Kioxia Holdings Corp. (ORG) Chinese (ORG) Wuhan (LOCATION) YMTC (ORG) Kioxia (PERSON) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG)
Originally published by Bloomberg Technology Read original →