YMTC becomes world's third-largest NAND flash memory supplier

NAND flash memory semiconductor market share YMTC memory chip shipments Counterpoint Research

Yangtze Memory Technologies Corp (YMTC) has reached a significant milestone by becoming the world's third-largest NAND flash memory supplier by shipment volume for the second quarter of 2026. According to data from Counterpoint Research, YMTC captured a 14% global market share, narrowly surpassing Japan's Kioxia and the United States' Micron Technology. The global market continues to be led by South Korean firms, with Samsung Electronics holding 25% and SK Hynix securing 22% of the market.

YMTC's growth is attributed to a 22% year-on-year increase in shipments, driven by expanding supplies to domestic Chinese manufacturers and advancements in its 3D NAND technology. The company is currently mass-producing 267-layer NAND and is developing products exceeding 300 layers using its Xtacking architecture.

Despite the surge in volume, YMTC remains fifth in terms of global NAND revenue. This discrepancy is due to a product portfolio heavily weighted toward lower-margin consumer electronics rather than high-margin enterprise solid-state drives (eSSDs) used in data centers. Analysts suggest that reaching a 15% market share is a critical threshold for companies to self-finance future capital expenditures. YMTC is also reportedly preparing for an initial public offering (IPO) on the Shanghai Stock Exchange's STAR Market.

Entities

Changcun Industry Investment Fund · Counterpoint Research · Kioxia · Micron Technology · SK Hynix · SOI Micro · Samsung Electronics · Yangtze Memory Technologies Corp · Ye Tianchun

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 8 SOURCES] SK Hynix ranked second with a 22% market share. meeco.kr · www.scmp.com · www.donanimhaber.com · www.hani.co.kr · www.spacemoney.com.br · +3 more
[● 5 SOURCES] YMTC is developing 300-layer or higher NAND products using Xtacking architecture. meeco.kr · www.donanimhaber.com · www.scmp.com · actualidad.rt.com · www.seoul.co.kr
[● 8 SOURCES] Samsung Electronics held a 25% market share, ranking first. meeco.kr · www.scmp.com · www.donanimhaber.com · www.hani.co.kr · www.spacemoney.com.br · +3 more
[● 6 SOURCES] YMTC's revenue is lower than competitors due to a focus on consumer products rather than high-margin enterprise SSDs. meeco.kr · www.scmp.com · www.donanimhaber.com · www.hani.co.kr · actualidad.rt.com · +1 more
[● 8 SOURCES] YMTC captured 14% of global NAND bit shipments in Q2 2026. meeco.kr · www.scmp.com · www.spacemoney.com.br · www.donanimhaber.com · www.hani.co.kr · +3 more
[○ 1 SOURCE] YMTC is constructing a new factory with a monthly capacity of 100,000 wafers, expected to be completed by 2026. meeco.kr
[● 6 SOURCES] YMTC's shipments increased 22% year-on-year. meeco.kr · www.scmp.com · www.donanimhaber.com · www.hani.co.kr · actualidad.rt.com · +1 more
[● 6 SOURCES] YMTC ranked fifth globally in NAND revenue for the quarter. meeco.kr · www.scmp.com · www.donanimhaber.com · www.hani.co.kr · actualidad.rt.com · +1 more