China's leading flash memory maker, Yangtze Memory Technologies Co, or YMTC, has officially kicked off its initial public offering process, with plans to list on Shanghai's STAR Market, according to a filing with the China Securities Regulatory Commission on Tuesday.

DRAM maker plans to list on STAR Market in win for Beijing's chip localization push

China's leading flash memory maker, Yangtze Memory Technologies Co, or YMTC, has officially kicked off its initial public offering process, with plans to list on Shanghai's STAR…