Yangtze Memory Technologies Co. (YMTC), valued at 120 trillion won, is conducting pilot production of 232-layer NAND flash memory and aims for mass production in the second half of this year. This advancement would significantly narrow the technological gap with market leaders Samsung Electronics and SK Hynix, which currently produce 238-layer NAND. Industry analysts warn this could accelerate price competition in the global memory chip market, prompting Korean firms to invest in 300-layer technologies.
YMTC's rapid NAND flash advancement will intensify price competition in the global memory market, pressuring Samsung Electronics and SK Hynix margins.