City government has leveraged over 220 billion yuan in state-owned capital to drive project investment in emerging industrial clusters.

The report highlighted that China's leading NAND flash maker, Yangtze Memory Technologies Corp (YMTC), and top DRAM producer, ChangXin Memory Technologies (CXMT), are advancing…

Chinese memory chipmakers are rapidly expanding their market presence, leveraging the AI boom and public listings to challenge global semiconductor leaders, reports Jefferies.

City government has leveraged over 220 billion yuan in state-owned capital to drive project investment in emerging industrial clusters.

As markets see a global, AI-driven demand for memory, UniIC is a step closer to listing in China.