YMTC is known for 3D NAND, a flash memory in which transistor die are stacked vertically to increase storage density.

China’s weak consumer economy has claimed another victim: luxury cars. Mercedes-Benz late Thursday became the second luxury carmaker in as many weeks to cut its earnings guidance for the year.

ChosunBiz quotes a semiconductor industry insider as saying, “In the memory semiconductor industry, companies sign ... China and leading companies, as Samsung, the top player in the NAND flash ...