'China's Top Flash Memory Chipmaker Targets More Homegrown Tools for New Factory, Sources Say' - Reuters Exclusive
Benzinga Newsdesk 13 hours ago
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China's YMTC targets 70% domestic equipment for fourth memory chip fabTarget is higher than at chipmaker's third fab, where just over half of its equipment is Chinese-madeIncreased use of homegrown tools
- China's YMTC targets 70% domestic equipment for fourth memory chip fab
- Target is higher than at chipmaker's third fab, where just over half of its equipment is Chinese-made
- Increased use of homegrown tools highlights growing self-sufficiency of China's top flash memory chipmaker
- Some dependencies on sophisticated foreign-made tools remain
- Fourth fab to break ground next year in Wuhan, where YMTC is based
China's largest flash memory chipmaker, Yangtze Memory Technologies Co, plans to source as much as 70% of the equipment for a planned fourth factory from domestic suppliers, two people familiar with the matter said.
The target would be a step up from the share at YMTC's third factory, which is due to begin operating later this year, where Chinese suppliers account for just over half of equipment purchases. The plan offers a fresh measure of China's progress in replacing foreign chipmaking tools.