Yangtze Memory Technologies Corp. (YMTC) is a Chinese semiconductor integrated device manufacturer specializing in flash memory (NAND) chips. Founded in Wuhan, China, in 2016, with government investment and a goal of reducing the country's dependence on foreign chip manufacturers, the company was formerly a subsidiary of partially state-owned enterprise Tsinghua Unigroup.[5]
YMTC produces enterprise solid state drives under its own brand and for resellers like Lexar, HP, Acer, Kingston, Teamgroup. Its consumer products are marketed under the brand ZhiTai (致态).
History
Tsinghua Unigroup founded YMTC in July 2016, with a total investment of US$24 billion, including investments from the Hubei provincial government and the state-owned China Integrated Circuit Industry Investment Fund.[6]