China’s Yangtze Memory Technologies is forecast to increase NAND wafer output by nearly 25 percent next year, as it seeks to catch up with its Korean rivals, wh

Yangtze Memory Technologies, China’s largest maker of NAND flash memory, has crossed a threshold where Samsung Electronics and SK hynix can no longer dismiss it

The Entity-Listed chipmaker told investors it plans to overtake Samsung and SK hynix as it prepares a $4.9 billion Shanghai IPO.