Yangtze Memory Technologies Corp (YMTC) has officially entered the top three global suppliers of NAND flash memory by volume, according to recent second-quarter data. The company captured 14 percent of global NAND bit shipments, a metric that measures total storage capacity rather than the number of individual units sold. This milestone represents a significant step forward for China’s domestic semiconductor industry, which has been actively working to reduce its reliance on foreign technology and narrow the competitive gap with established international rivals.

By achieving this market share, YMTC has narrowly surpassed Japan’s Kioxia. The growth is particularly notable as YMTC focuses on high-value data-center storage, a sector critical to the global digital infrastructure. While the company’s rise in shipment volume is clear, the report highlights that YMTC is still working to close the revenue gap with its global competitors. The shift in market positioning underscores the ongoing evolution of the semiconductor supply chain, as Chinese manufacturers continue to expand their footprint in the memory market despite international trade restrictions and technological competition.