1/ Memory chip market may be showing signs of bottoming out as China’s YMTC leads Samsung, Micron in raising prices

The memory chip market may have started to bottom out after more than a year of price declines brought about by a supply glut, as Yangtze Memory Technologies Corp (YMTC), China’s top chip maker, is reportedly increasing prices.

YMTC, which accounts for about 5 per cent of the global NAND memory chip market, recently informed its customers that it will increase pricing for its 3D NAND flash memory by up to 5 per cent, the Taiwan Economic Times reported on Thursday, citing unidentified sources.

YMTC did not respond to a request for comment.

Read more: