YMTC targets 20% NAND share and moves into DRAM

China's YMTC held a 16.5% share of global NAND shipments in Q2, ranking third behind Samsung and SK hynix and ahead of Kioxia and Micron. The company has spent 14.2 billion yuan on R&D, is developing 16Gb LPDDR5 and aims for a 20% NAND share.

• 16.5% of global NAND shipments in Q2, third after Samsung and SK hynix
• 14.2 billion yuan ($2.13 billion) spent on R&D, over 5,600 patents
• Xtacking enables 300+ layer NAND using DUV lithography
• Server products could reach 39% of YMTC revenue by 2028