EconomyChina’s YMTC to outpace peers’ revenue growth sixfold as IPO nears, report says
China’s leading flash-memory maker YMTC is projected to grow revenue six times faster than industry peers this year as it expands into server-related business ahead of a planned IPO, Counterpoint Research says. Server-related revenue was nearly zero in 2024 and could reach almost 39 per cent of total revenue by 2028.
China’s YMTC to outpace peers’ revenue growth sixfold as IPO nears, report says
Economy