https://www.msn.com/en-us/money/other/ymtc-advances-chip-tech-with-chinese-tools-techinsights-says/ar-AA1qLVHi
"(Bloomberg) -- China’s Yangtze Memory Technologies Co. has made
progress in replacing foreign chipmaking technology with homegrown
alternatives and its latest storage products now rival global market
leaders, according to new research from TechInsights.
The memory maker, one of a number of semiconductor companies subject to
US trade sanctions designed to rein in China’s tech advances, is working
with gear from Advanced Micro-Fabrication Equipment Inc. China, Naura Technology Group Co. and Piotech Inc., TechInsights analyst David Wei
said in an interview. While the company still needs and relies on
equipment from Dutch supplier ASML Holding NV and US-based Lam Research
Corp., those domestic tools providers are taking up a larger share of
the burden.
Trade tensions between Washington and Beijing have led to escalating
export controls on advanced chips and chipmaking machinery to China,
hitting companies like YMTC and Huawei Technologies Co. at a time when semiconductors have grown into a strategically and economically critical
sphere of business. Chinese President Xi Jinping has urged his country
to achieve self-sufficiency in such crucial fields, and YMTC’s product development is closely watched for signs of progress."
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