YMTC Climbs to No. 3 in Global NAND Shipments
Counterpoint Research says YMTC held 16.5% of global NAND shipments in Q2, ranking third behind Samsung and SK hynix. The company is leveraging its Xtacking stacking technology and plans a STAR Market IPO to raise about 33 billion yuan for enterprise SSD expansion.
- YMTC's NAND shipment share reached 16.5%, third globally
- Revenue share rose from 9% to 14% in a year, fastest in the industry
- STAR Market IPO aims to raise about 33 billion yuan
- Server-related revenue could reach 39% of total by 2028
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