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YMTC Cedes Foundry Unit Control Ahead of Mega IPO
Chinese chipmaker YMTC sells 39% stake in foundry unit Wuhan Xinxin to state-backed fund, clearing path for blockbuster $44B STAR Market IPO.
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Chinese chipmaker YMTC sells 39% stake in foundry unit Wuhan Xinxin to state-backed fund, clearing path for blockbuster $44B STAR Market IPO.
Chinese chipmaker YMTC cedes control of its foundry unit XMC to a state-backed fund, streamlining operations ahead of a blockbuster STAR Market IPO.
Chinese chipmaker YMTC surges to 13% global NAND market share amid AI-driven memory boom, with quarterly revenue up 445% and a Shanghai IPO on the horizon.
China's leading NAND flash maker Yangtze Memory Technology Group files for A-share IPO, a milestone in semiconductor self-sufficiency amid U.S. sanctions.