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flag YMTC expands chip production with three new plants.

flag Chinese chipmaker YMTC is expanding production capacity with three new plants, including one in Wuhan starting operations later this year. flag These facilities will more than double output and rely heavily on domestic equipment amid U.S. restrictions. flag YMTC, the world's largest NAND flash producer, holds an 11.8% global market share and is testing low-power DRAM samples.

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