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Blacklisted YMTC May Soon Be Forced to Abandon 3D NAND

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Yangtze Memory Technologies Corp (YMTC) won’t be able to produce competitive 3D NAND memory in a couple of years after being placed on the U.S. Commerce Department’s Entity List, says TrendForce. Following the sanctions, it will become difficult for the company to procure wafer fab equipment (WFE) and other goods from U.S.-based companies, hampering its bit growth. On the other hand, its partners outside of China may cease working with YMTC. 

Due to the blacklist, the U.S. DoC will review all individual transactions of wafer fab equipment, software, technologies, support services, and other goods of U.S. origin to the Chinese 3D NAND maker. Such export license applications are reviewed with the presumption of denial, so every procurement process is becoming tough and prolonged for YMTC.  

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