Seoul, April 7 -- China's Yangtze Memory Technologies Co. (YMTC) is rapidly closing the gap with global leaders in NAND flash memory, scaling up production and advancing technology faster than expected, according to a report by The Korea Herald.

Quoting the industry sources, The Korea Herald said YMTC has accelerated the timeline for its third-phase fabrication plant in Wuhan, bringing forward expected mass production from 2027 to as early as the second half of this year. The plant, which began construction in September 2025, is now in the final stages of equipment installation.

With its first and second fabs already operating at full capacity, the additional output is expected to significantly boost YMTC's global presence. The company ...