Friday, 24 March, 2023

China's YMTC Refutes Claims that it Attended Discussions Over Chip Limits

<p>Yangtze Memory Technologies (YMTC), a Chinese chip manufacturer, refuted a media claim that it had attended emergency meetings called by China&#39;s industry ministry to assess the effects of U.S. sanctions. The report was deemed &quot;false and nefarious&quot; by the business, which added that it had harmed its corporate reputation and would have serious consequences on the semiconductor industry environment both domestically and internationally.</p>