YMTC aims top NAND spot by end of 2027, plans major production buildout

GG Brief Editorial Desk · AI-assisted, source attributed

YMTC told investors it wants to become the largest NAND flash memory supplier ahead of Samsung and SK hynix by the end of 2027. The company currently holds about 13% of the NAND market while Samsung holds about 29%, and YMTC plans to more than double wafer production by finishing one foundry and building two additional ones. NAND revenue reached $46 billion in Q1 2026 — over 3.5 times year-on-year — driven by data-center AI and storage demand, making market share gains highly lucrative. YMTC has also begun supplying SSDs for Lenovo laptops and is planning moves into the DRAM market, where Chinese rival CXMT holds about 7%.

• YMTC aims to be the leading NAND supplier by end of 2027, which would require more than doubling its current market share.
• YMTC holds roughly 13% of the NAND market while incumbent Samsung holds roughly 29%.
• YMTC plans to more than double wafer production by completing one foundry under construction and building two additional foundries.
• NAND flash revenue hit $46 billion in Q1 2026 (3.5x year-on-year); YMTC is entering consumer SSDs (Lenovo laptops) and targeting DRAM where CXMT has ~7% share.