
Yangtze Memory Technologies Co. (YMTC), China's leading producer of NAND memory, has been on the Entity List of the U.S. Commerce Department since late 2022, which essentially bars its access to advanced fab tools. Despite sanctions and restrictions, YMTC plans to expand its production capacity this year, aiming to capture a 15% share of NAND memory production by the end of 2026, reports DigiTimes. The company also plans to build a trial production line that exclusively uses Chinese fab tools.