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China tech

China's top maker of memory chips plans to double output in 2021

Yangtze Memory also aims to match Samsung on advanced 3D NAND flash chips

TAIPEI -- Top Chinese memory chip maker Yangtze Memory Technologies plans to double its output this year and start producing advanced chips rivaling those from Samsung and other global leaders, Nikkei Asia has learned.

Yangtze's targets, if achieved, would be the most important step forward in recent years for China's ambitions to create a full-fledged domestic semiconductor supply chain. NAND is a crucial component for memory and storage used in almost all computing devices, from smartphones and PCs to servers and connected cars, but production is controlled by just a handful of global players.

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