YMTC denies supplying technology for military use amid accusations
China’s champion 3D NAND producer, Yangtze Memory (YMTC), has strongly denied accusations from the Pentagon that it is a “military company” with potential risks to U.S. national security. In a statement published by Reuters, YMTC asserted that it has not supplied, nor been directed by any entity, to supply its technology for military use. This comes as the company’s 3D NAND technology, which offers top-speed data transfer speeds, positions it as a global leader in the industry.
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