Article 69DH0 China's memory maker YMTC scores $7B to counter bans

China's memory maker YMTC scores $7B to counter bans

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from The Register on (#69DH0)
Story ImageUS isn't the only country splashing out the cash for fabs

Embattled memory vendor YMTC is getting a 49 billion yuan ($7 billion) infusion of funds from Chinese state-backed investors in the wake of sweeping trade restrictions against the company by the US and its allies....

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