YMTC Targets 70 Percent Domestic Tools For New Plant
Yangtze Memory Technologies plans to source up to 70 percent of equipment for its fourth factory from domestic suppliers. The move highlights China's drive to replace foreign chipmaking tools amid US export controls.
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China's top memory chipmaker plans to source 70% of equipment from domestic suppliers for a new factory, two people familiar with the matter said on Wednesday morning. The target surpasses the 50% domestic share at the company's third facility, which begins operating later this year. The localization push highlights accelerating technological self-reliance as Washington tightens export controls.
