Founded in 2016 in Wuhan, China, Yangtze Memory Technologies Co., Ltd. ("YMTC") has rapidly emerged as a prominent IDM memory company specializing in the development, production, and distribution of 3D NAND flash memory solutions.
YMTC's groundbreaking achievements include the successful design and production of China's first 3D NAND flash memory in October 2017, and the official mass production of 64-layer TLC 3D NAND flash memory in September 2019, showcasing innovative Xtacking® architecture. This technical prowess was further solidified with the announcement of its 128-layer 1.33Tb QLC 3D NAND flash memory chip, X2-6070, passing sample verification on the SSD platform in April 2020, setting new industry benchmarks in bit density, I/O speed, and capacity.
With more than 6,000 employees worldwide, including approximately 2,200 R&D engineers stationed across R&D centers in Wuhan, Shanghai, Beijing, and other locations, YMTC is dedicated to solidifying its position as a global leader in NAND flash memory solutions through relentless innovation and continued efforts.
As an investor, Yangtze Memory Technologies presents an opportunity to engage with a semiconductor juggernaut located at the heart of technological advancement, signaling immense potential for growth and market dominance in the foreseeable future.