Yangtze Memory Technologies Corp, China’s largest memory-chip maker, is seeking to recover from crippling US export controls, with a new, fully equipped manufacturing plant expected to begin production as early as the second half of next year.
Washington’s export curbs imposed last October on the equipment needed to make advanced chips had initially frozen the construction and kitting out of the leading-edge fabrication plant being built alongside the chipmaker’s existing fab, in the city of Wuhan in central China.
However, YMTC has been testing locally made tools over a long period and is now confident enough to rely more on domestic suppliers for replacements, according to people with direct knowledge of the situation.
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