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Chinese flash memory supplier Longsys (江波龙) -completed the acquisition of 70% equity of Taiwanese PowerTech's subsidiary in Suzhou, eastern China's Jiangsu Province, announced the company on October 10.
GigaDevice establishes a new IC company in Beijing
Cheng Weihua, chief operation officer of Yangtze Memory (YMTC), pointed out that ChatGPT and intelligent vehicles will drive the NAND flash memory market and provide a new balance in supply and demand in the second half of this year.
YMTC entered Apple’s Flash supply chain and will provide memory for new iPhone SE that was just released
Samsung’s 12-inch flash memory chip project Phase II in Xi’an was put into production recently, increasing its flash memory chip to more than 10% of the global production capacity
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