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Counterpoint: China-based YMTC accounted for 14% of global NAND flash shipments in Q2, behind Samsung's 25% and SK Hynix's 22%, but ahead of Micron and Kioxia

Chinese vendor has 14% share, according to researchBloomberg:YMTC Passes Kioxia in Flash Memory Shipments, Report SaysBùi Giang /Notebookcheck:Chinese storage breaks into top three for the first time, but with a catchAbhinav Anand /SammyGuru:Samsung Leads the NAND Market, but AI Is Giving Rivals a BoostEvelyn Cheng /CNBC:This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

South China Morning Post Howard Liu

Context & Ripple Effects

YMTC’s stronger shipment position follows its Xtacking technology upgrade and reported plans for its largest expansion yet alongside CXMT during a global supply crunch. Earlier coverage had described YMTC as a small global memory player, making its placement ahead of Micron and Kioxia a material change in NAND’s supplier ranking.

First-order effects

  • YMTC now ranks behind Samsung and SK Hynix in Q2 NAND shipments while surpassing Micron and Kioxia, giving the Chinese supplier a clearer position among the market’s largest vendors.
  • Samsung and SK Hynix remain the shipment leaders at 25% and 22%, respectively, but YMTC’s 14% share narrows the gap between the top two and the next tier.

Second-order effects

  • Micron and Kioxia face a more immediate need to defend shipment volumes against YMTC, whose planned capacity buildout now carries greater weight in the NAND supply balance.
  • YMTC’s advance separates NAND competition from SK Hynix’s earlier HBM-driven DRAM revenue lead, underscoring that leadership positions can differ sharply across memory categories.

Third-order effects

  • If YMTC sustains this shipment share as expansion plans proceed, NAND buyers will have a more substantial Chinese supply source, reducing the market’s dependence on the established supplier set.
  • The result points toward a less fixed NAND hierarchy, where process advances and capacity additions can alter vendor rankings even while Samsung and SK Hynix retain the lead.

The trend: NAND is becoming a more contested, multi-source memory market as YMTC converts technology progress and capacity plans into global shipment scale.

Discussion

  • @cnbc @cnbc on x
    Yangtze Memory Technologies is rapidly gaining market share in a critical chip sector, according to Counterpoint Research. The company, also known as YMTC, landed in third place by shipments globally in the second quarter, behind South Korea's Samsung and SK hynix but beating [im…