YMTC Advances in Local Production of 3D NAND Chips in China.
TL;DR
China's top memory chip maker, YMTC, is making progress in producing advanced 3D NAND chips using locally sourced equipment. The company's top-secret project has placed big orders with domestic tool suppliers, including Beijing-based Naura Technology, after receiving fresh funding of $7 billion from state-backed investors.
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