Yangtze Memory Technologies (YMTC) plans to begin production of 64-layer 3D NAND memory chips in the second half of this year. Network sources report that YMTC is currently in negotiations with parent company Tsinghua Unigroup, trying to obtain permission to sell storage devices based on its own memory chips.
It is known that at the initial stage YMTC will cooperate with the company Unis Memory Technology, which will sell and promote solutions based on 3D NAND chips. We are talking about SSD and UFC drives, which will use memory chips developed at YMTC. Despite this, YMTC management believes that the company has the right to sell its own storage devices with 64-layer memory chips.
It was reported that the Chinese company YMTC should launch mass production of 64-layer memory chips in the third quarter of 2019. It is also known that Longsys Electronics, which has already concluded a partnership agreement with Tsinghua Unigroup last fall, is showing interest in the production of solid-state drives β100% made in China.β
Let us recall that YMTC was founded in 2016 by the state-owned enterprise Tsinghua Unigroup, which currently owns 51% of the manufacturerβs shares. One of YMTC's shareholders is the National Investment Fund of China.
Source: 3dnews.ru