The verified answer
As of Sep 2026, DEPLOY verifies YMTC: 1 model. 2 sources back the record.
Overview
YMTC (Yangtze Memory Technologies) is China's leading 3D NAND flash memory manufacturer, founded in July 2016 in Wuhan as a subsidiary of Tsinghua Unigroup with US$24 billion in total investment. The company pioneered the Xtacking architecture for vertical NAND flash and became the first Chinese company to mass-produce 232-layer 3D QLC NAND, achieving an industry record density of 19.8 Gbit/mm2.
YMTC holds approximately 11.8% of the Global NAND flash market by revenue and filed for an IPO on Shanghai's STAR Market in 2026 at an expected valuation of ~US$42 billion. The company was added to the US Entity List, restricting access to American semiconductor equipment.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
Key facts
HQ
Founded
Focus
Status
Status
Chairman and Acting CEO
Former CEO
Parent company
Total investment
Market share
Key technology
US sanctions
IPO status
Revenue 2025
Revenue Q1 2026
Consumer brand
Data & sources
Government records
1
Web sources
1
2 sources backing this record.View all →
Models (1)
View all models →Partnerships
Every company YMTC has built with, alongside the ones only announced in a press release.
YMTC on the deployment map
View the global mapYMTC has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.
No verified deployments for YMTC on the DEPLOY record yet. Track YMTC to know the moment the first one is verified.
Relationships
Current leadership (1)
- Chen Nanxiang Chairman and Acting CEOSEC-verified
Former / Previously (1)
- Simon Shining Yang Former CEO and Deputy ChairmanSEC-verified
Safety record
No incidents on record for YMTC.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
YMTC in third-party press
Financial state
- Reporting basis
- private_reported
- Lifecycle stage
- mature
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
2 total · 2 operating
Every company YMTC has built with, alongside the ones only announced in a press release.
All 2 partnerships
open in the atlas →- ymtc x nvidiawithNVIDIA1108technology—operating
- ymtc x awswithAWS976technology—operating
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdJun 25, 2026
Added to the verified registry
Sources (2)
Common questions
What is YMTC?
What does YMTC make?
Where is YMTC headquartered?
Where does YMTC operate robots?
Is YMTC a top robotics company?
When was YMTC founded?
Is YMTC safe?
Methodology: Verified · 2 sources (1 primary) · last reviewed 2026-08-21
Verification posture
Verified
High confidence
Review state
Stable
Last reviewed 2026-08-21
Sources by quality tier
- 1
- knowledge-base
- Knowledge base
- 1
- primary-government-record
- Government record
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for YMTC.In the press
Recent coverage mentioning YMTC from third-party publications. Automatically surfaced; not part of the verified registry record.
Chinese chipmaker YMTC enters review for $4.6b IPO
YMTC was added to the US Commerce Department’s Entity List in December 2022.
Chip maker YMTC is filing for a $4.9 billion IPO on Shanghai's stock market
NAND maker YMTC’s RMB33 billion Shanghai IPO application accepted
Yangtze Memory Technologies Holdings, China’s NAND flash memory maker, has had its application to list on Shanghai’s STAR Market accepted. The company plans to raise RMB33 billion…
YMTC Passes Kioxia in Flash Memory Shipments, Report Says
China’s Yangtze Memory Technologies Co. edged out Japan’s Kioxia Holdings Corp. in flash memory shipments during the June quarter, a sign that Chinese chipmakers are benefiting…
YMTC NAND market share climbs to 13% as global competition intensifies
Yangtze Memory Technologies Corporation (YMTC) has increased its global NAND flash memory market share from 8% in the same period in 2025 to 13%. Major Korean players such as…
China's top flash-memory chipmaker YMTC begins pre-IPO coaching talks
YMTC launched pre-IPO coaching talks, with first quarter revenue jumping more than 700% year on year, moving toward a STAR Market listing.
Chinese flash memory maker YMTC sues US over military designation
YMTC sued the US government over its military designation, contending it has a robust export compliance program and that Commerce never alleged violations of US export control…
YMTC NAND Design Surprise Alongside a New Fab
YMTC accounted for 11.8% of the 2 billion global NAND flash market and continued advancing its Xtacking architecture alongside new fab construction.
Machine-readable surfaces
- Markdown mirror: /companies/ymtc.md
- RSS feed: /companies/ymtc/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/b509f4b8-0982-4346-bcd0-f8f7a9dad6fb
- Revision history: /companies/ymtc/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Heat Index
Serious54/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
YMTC draws attention at the 62nd percentile but verifies reality at the insufficient-data level among other robots.
6-month trend
Analysis
Limited public funding data for capital position assessment.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Sep 6, 2026