{
  "id": 3988388,
  "title": "Chinese memory maker YMTC wants to dethrone Samsung and SK hynix by the end of 2027",
  "url": "https://urgent.news/2026/08/28/chinese-memory-maker-ymtc-wants-to-dethrone-samsung-and-sk-hynix-by",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-28T15:54:10.000Z",
  "source": {
    "name": "PC Gamer",
    "slug": "pc-gamer",
    "url": "https://www.pcgamer.com/hardware/ssds/chinese-memory-maker-ymtc-wants-to-dethrone-samsung-and-sk-hynix-by-the-end-of-2027/"
  },
  "original_language": "en",
  "account": "The memory sector is currently facing a crisis, causing significant disruptions in the supply of NAND and DRAM, which are essential components for SSD storage and RAM modules. Chinese memory manufacturer YMTC has seen substantial growth in recent years, particularly in NAND flash memory, but it is not satisfied with its current position. According to the Financial Times, citing two anonymous sources, YMTC aims to become the dominant player in the market, surpassing both Samsung and SK hynix, by the end of 2027. This ambitious goal requires YMTC to more than double its current market share, which currently stands at 13%, while Samsung holds a 29% share.\n\nYMTC is actively working to strengthen its infrastructure to support its growth plans. In April, the company announced its intention to double its wafer production by constructing two additional foundries and completing a third foundry that was already under development. The demand for NAND memory has skyrocketed due to its critical role in data centers, which are heavily investing in AI and data storage. In the first quarter of 2026, NAND flash memory manufacturers generated $46 billion in revenue, a three-and-a-half-fold increase from the same period last year. However, the price of NAND memory is also rising, and its supply is limited due to the ongoing memory crisis.\n\nIn addition to the competitive landscape in NAND memory, YMTC is also targeting the DRAM market. However, it faces competition from CXMT, another Chinese memory brand. While CXMT has managed to secure a 7% market share, it is still considerably lagging behind Samsung's 39% share, SK hynix's 26%, and Micron's 26%. Despite these challenges, the rise of YMTC and CXMT could bring significant changes to the global memory market, potentially alleviating some of the supply constraints faced by consumers and data centers. Nevertheless, the short-to-medium term outlook remains bleak, with even Samsung predicting a severe memory supply crisis in the near future.",
  "summary": "YMTC has some big plans.",
  "key_points": [
    "YMTC aims to overtake Samsung and SK hynix as market leader by end of 2027.",
    "Company plans to double wafer production with new foundries by 2027.",
    "NAND memory demand surges 3.5x in Q1 2026 due to AI and data storage."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}