Wuhan Yangtze Memory Technology Co., Ltd. has generated over 20 billion yuan in revenue in the first quarter and is currently undergoing an "epic expansion" phase.

On April 15th, the reporter exclusively learned from industry insiders that Wuhan Yangtze Memory is expanding its production capacity at the fastest speed due to a surge in orders for storage chips. "Yangtze Memory's revenue in the first quarter of this year has exceeded 20 billion yuan, doubling compared to last year. Its NAND chip production has surpassed 10% of the global market share, approaching the third in the world," a core figure in the storage chip industry chain said, "the profits in the future will be even more explosive." The above-mentioned person also added that in order to ensure production capacity, Yangtze Memory has completed the construction of a new factory this year and plans to build two more factories. Once all are in operation, the total production capacity will more than double, with the monthly production capacity of a single factory expected to reach 100,000 pieces, making it an epic expansion." Currently, the construction of the factories has been completed. The reporter sought confirmation on the market news from Yangtze Memory, but as of the deadline for the article, no response has been received.