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18.08.26 - 05:42
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China′s YMTC Is Now World′s 3rd Biggest Flash-Memory Supplier With 14% Market Share (ZeroHedge)
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China's YMTC Is Now World's 3rd Biggest Flash-Memory Supplier With 14% Market Share
Earlier today we reported that China's highly touted DRAM memory maker CXMT recently surpassed Tencent to become China's most valuable company.
That may be just the start, because hot on the heels of the biggest Chinese IPO this decade, comes that "other" Chinese memory maker, Yangtze Memory Technologies Corporation (YMTC) which has now broken into the world's top three NAND flash memory suppliers by volume for the first time, marking a milestone for China's semiconductor ambitions as it strives to narrow the revenue gap with global rivals in high-value data-center storage.
The Wuhan-based chipmaker captured 14% of global NAND bit shipments – a measure of total storage capacity shipped rather than total chip units – in the second quarter, narrowly overtaking Japan's Kioxia, according to data from Counterpoint Research published on Wednesday.
Samsung Electronics retained the global lead wit...
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17.08.26 - 14:30
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Rakuten to Partner with German Military Drone Startup (Nippon)
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Tokyo, Aug. 17 (Jiji Press)--Rakuten Group Inc. is set to partner with German military drone startup Helsing SE, it was learned Monday. The major Japanese e-commerce and mobile phone operator will act as Helsing's point of contact in the Japanese market. Specifically, Rakuten will support the delivery of the Munich-based firm's HX-2 attack drones to Japan's Defense Ministry. Helsing drone......
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14.08.26 - 15:54
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Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers (Bloomberg)
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On this episode of Stock Movers:
Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components.
Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year.
Gemini Space Station (GEMI) fell as the crypto platform's earnings report faced crypto market headwinds and a wider-than-expected adjusted Ebitda loss.
Reddit (RDDT) climbed on the news that the stock is set to be included in the S&P 500 index. (Source: Bloomberg)...
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