China’s top memory chip maker YMTC denies report that it has a secret plan to wean itself off US technology

Source: South China Morning PostChina’s leading memory chip maker has denied a media report that it has set up a special task force to review its supply chain to replace US suppliers, saying it is committed to becoming part of the global semiconductor value chain.Nikkei reported last week that Yangtze Memory Technologies Corp (YMTC) had launched a “massive review of its supply chain” to replace US producers by setting up a task force of over 800 people. The Wuhan-based company wanted to learn about “the origin of everything…Read More

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