The Chinese company YMTC has been on the US export control list since December last year, so its management knows firsthand the consequences of US sanctions. The company’s chief executive, Chen Nanxiang, now leads a Chinese industry association and is calling on the domestic semiconductor industry to unite in the face of external threats.
Chen Nanxiang this week has been elected Head of the China Semiconductor Industry Association (CSIA), which has 744 members. In his welcoming speech, he acknowledged that China’s semiconductor industry is facing unprecedented change, but at the same time emphasized that it has opportunities for import substitution and strengthening China’s technological sovereignty. According to its newly elected chairman, the relevant association should not remain on the sidelines and is able to unite Chinese companies in order to overcome emerging difficulties. In order to achieve this, the association’s bodies need more comprehensive powers.
YMTC itself, according to unofficial data, began to more actively engage in the technological equipment of Chinese brands such as Naura after the tightening of US sanctions. This summer, YMTC’s CEO even stated that given Chinese companies’ loss of ability to repair foreign equipment, they should be bought back from suppliers. This week, the CSIA’s 18-member deputy board was re-elected, including Han Di, vice president of contract chipmaker SMIC.
Agency DigiTimes At the same time, it was announced that YMTC plans to start producing 3D NAND memory with 120 layers, since US sanctions have banned the supply of equipment for the production of multi-layer memory of this type to China since October last year more than 128 pieces. In November last year, YMTC announced the successful development of 232-layer memory production, but is unable to scale production volumes due to the sanctions. Formally, the production of 120-layer memory is not subject to US export restrictions, which should give the company access to technological equipment capable of producing more sophisticated memories in large quantities. This will partially help solve the problems of Chinese industry if the American side does not tighten sanctions in response.