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YMTC Targets Top Spot in Global NAND Market by 2027 Ahead of Shanghai IPO
Chinese memory maker YMTC has told investors it aims to overtake Samsung and SK hynix to become the world's largest NAND flash producer by the end of 2027, as it prepares a multibillion-dollar IPO on the Shanghai Stock Exchange.
2 outletsBusinessYMTC Vaults to Third Place in Global NAND Market, But Revenue Lags Behind Shipment Share
Counterpoint Research's Q2 2026 tracker shows China's YMTC has broken into the world's top three NAND flash makers by shipments, though its consumer-heavy product mix leaves it ranked fifth in revenue as the industry pivots hard toward enterprise SSDs.
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