Blacklisting of YMTC by the U.S. Enables Samsung to Raise NAND Flash Prices by 10%

[btarunr]

YMTC, the Chinese DRAM and NAND flash company that recently announced a 232-layer 3D NAND flash memory that threatened to disrupt entrenched players Samsung, Micron Technology, Kioxia, and SK Hynix, has been blacklisted by the U.S. Department of Commerce, forcing American consumer electronics and PC manufacturers to stop sourcing from the company. Capitalizing on just this, Samsung raised prices of its NAND flash memory chips by as much as 10%, according to a DigiTimes report.

YMTC peaked when Apple struck a NAND flash supply deal with the company in 2020, which would see its storage devices power pretty much every Apple product you can think of, however, under political pressure, Apple withdrew from this deal in 2022. The Department of Commerce contention has been to that YMTC has access to cutting-edge technology, and is backed by Chinese state-capacity, which can help it drive out competitors. All is not well between the U.S. and China geopolitically, either. Samsung's 10% increase in the first half of December 2022 concerns spot-pricing, which could mean its contract pricing (usually used by customers placing very large orders), could be different. It is conceivable that the exit of YMTC from the U.S. market could raise NAND flash product prices across the board.



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[Chaitanya]

So NAND cartel found another reason to jack prices, nothing new to see here.

 

[_JP_]

Economies of scale, supply vs. demand, etc... zero reason for Samsung up their ante. Everything that makes the NAND cartel bad is in this news piece.

 

[Vya Domus]

It's always something, isn't it ? X bad thing happened to Y factory, component shortages, trade embargos, etc. What's next ? Price increase because mercury is in retrograde ?

 

[Deleted member 185088]

Stupidity of politicians at its finest.

 

[Bomby569]

another great US decision /s

 

[Argyr]

Americans need to deal with the fact that their century of world empire status is coming to an end. I would strongly suggest them to start fixing their internal problems instead of trying to rule the world through military, economic and ideological blackmail.

 

[stimpy88]

The US gov up to the usual. Wonder how much they got for it?

 

[evernessince]

another great US decision /s

YMTC is a Chinese state backed company that went from having no NAND products to having equal to the best in 6 years. That's impossible without them having stolen IP.

I'd say yes, it is a good decision.

Americans need to deal with the fact that their century of world empire status is coming to an end. I would strongly suggest them to start fixing their internal problems instead of trying to rule the world through military, economic and ideological blackmail.

This is a domestic policy so unless you are indicating that the US can't control who it trades with, that's precisely what it's doing here.

 

[Argyr]

This is a domestic policy so unless you are indicating that the US can't control who it trades with, that's precisely what it's doing here.

This is more than that unfortunately. The US wants to destroy China and turn them into a woke lapdog. Thankfully we're still at the economic phase, although US is actively trying to provoke China wherever it can, by trying to put NATO bases to its borders in Nepal and Vietnam.

 

[Bwaze]

YMTC is a Chinese state backed company that went from having no NAND products to having equal to the best in 6 years. That's impossible without them having stolen IP.

You do know how much China invests in it's technology, education, development? While the Western world focuses on influencers and similar bullshit, China has overtaken USA in patents back in 2019, and are rapidly advancing while the rest are stagnating, and focusing on which toilet to use.

And yeah, they are stealing IP where they can, and where they can't, they buy it and advance it further.

Take for instance 5G base stations, where China has beaten all the Western nations - or were they stealing that too? From the future, perhaps? Good thing USA declared these products a threat to national security, and Mike Pompeo went on a world tour threatening nations if they don't cancel their Huawei contracts. When it became apparent that Huawei overtook Apple and Samsung in phone sales, a simple phone became a threat to national security...

If China won't face a huge crysis soon (I know it has been prophesied for years now) this isolation will only mean there will be greater and greater gulf between old world Western products and a newly developed Chinese ones. And we'll cry "Stolen!" every time we'll see something new that we can't even begin to develop.

And more and more of world will look up to China.

 

[Bomby569]

YMTC is a Chinese state backed company that went from having no NAND products to having equal to the best in 6 years. That's impossible without them having stolen IP.

State backed company, like so many in the US?

Tesla become so big so i guess they also stole IP's because anything else is impossible

And the US complaining about stolen IP is a priceless irony, that's how they grew themselves

The US complains that others steal its technology, but America was once a tech pirate itself - The World from PRX

The US complains constantly of China and other nations stealing US technology. But it seems in the early days of the republic, the shoe was on the other foot.

theworld.org

So did Japan, SK, etc... all the "amazing" sucess stories

 

[FreedomEclipse]

Oh shit

 

[CapNemo72]

Stupidity of politicians at its finest.

Who says they are not doing it in their own interest?

Americans need to deal with the fact that their century of world empire status is coming to an end. I would strongly suggest them to start fixing their internal problems instead of trying to rule the world through military, economic and ideological blackmail.

I do not think American (citizens) are controlling this. This is way above...

YMTC is a Chinese state backed company that went from having no NAND products to having equal to the best in 6 years. That's impossible without them having stolen IP.

I'd say yes, it is a good decision.



This is a domestic policy so unless you are indicating that the US can't control who it trades with, that's precisely what it's doing here.

Back when US companies decided to build factories in China in order to DRASTICALLY lower their salary spending ( making them much richer while US workers lost their jobs), China asked that US companies should work with Chinese companies and that their companies should have access to the technology that would be made there.
US and US companies did not had to accept that and they could go elsewhere or stayed in US, but no, greed took over and they accepted.

Chinese just profited from that. Now, that is evident, that it was bad idea for US, they are saying "look, they are stealing our IPs", when in reality it was part of the deal.
I would be furios, but not on Chinese (for them trying to make the best they can do for them) but on US govt and companies for not taking me, impact on our lives into account when accepting those conditions.

 

[TheinsanegamerN]

Americans need to deal with the fact that their century of world empire status is coming to an end. I would strongly suggest them to start fixing their internal problems instead of trying to rule the world through military, economic and ideological blackmail.

It would help if every single time we tried the world didnt immediately throw a tantrum. "oh please daddy america, dont leave NATO! Dont leave our trade agreements! We love the food and aid you send us every year, we'll lick your boots another decade, please dont make us improve ourselves!" "noooooo you can pass tariffs, those are bad, only WE can pass tariffs! Why are you so xenophobic!" And so on.

Who says they are not doing it in their own interest?


I do not think American (citizens) are controlling this. This is way above...


Back when US companies decided to build factories in China in order to DRASTICALLY lower their salary spending ( making them much richer while US workers lost their jobs), China asked that US companies should work with Chinese companies and that their companies should have access to the technology that would be made there.
US and US companies did not had to accept that and they could go elsewhere or stayed in US, but no, greed took over and they accepted.

Chinese just profited from that. Now, that is evident, that it was bad idea for US, they are saying "look, they are stealing our IPs", when in reality it was part of the deal.
I would be furios, but not on Chinese (for them trying to make the best they can do for them) but on US govt and companies for not taking me, impact on our lives into account when accepting those conditions.

Every single company that moved their production to china is getting everything they deserve and then some. If they'd simply invested that money and time into production in western countries they wouldnt be dealing with rampant IP theft.

But screw the little guy, they wont work like slaves!

 

[pavle]

Goes to show you the situation is never so sad that at least one would not be laughing.

 

[Deleted member 185088]

Who says they are not doing it in their own interest?

Indeed, and for those that actually run the US. What's sad is so many Americans continue to believe their lies.

 

[Tatty_Two]

This is more than that unfortunately. The US wants to destroy China and turn them into a woke lapdog. Thankfully we're still at the economic phase, although US is actively trying to provoke China wherever it can, by trying to put NATO bases to its borders in Nepal and Vietnam.

Just for the sake of clarity, the NATO Alliance is based in the Northern Hemisphere so if the US decided in collaboration with Nepal to permanently base troops there it would be a US and not NATO contingent the same as all of their other bases that fall within that region (US Indo-Pacific command), additionally my understanding is that Nepal invited the US to base troops there and the US declined the invitation. They have worked quite closely together in recent years but that is mainly because of the significant International aid the US has provided for Nepal in relation to their 2015 earthquakes.

 

[Denver]

Yeah, After the price dropped in recent months much more than that...

 

[The King]

At least it was not some random fire or someone tripping over an extension cord this time.

 

[maxfly]

As if Samsung needed an excuse to raise their prices.

I just don't know what we would do without all of these forum experts telling us how global economics work lol.

 

[fluxc0d3r]

Is it a coincidence that YMTC is based in WUHAN China?

 

[WorringlyIndifferent]

Americans need to deal with the fact that their century of world empire status is coming to an end. I would strongly suggest them to start fixing their internal problems instead of trying to rule the world through military, economic and ideological blackmail.

It's extremely important to understand that we're under an openly hostile, foreign occupation government in the US, and have been for at least a decade. US federal and many US local politicians and legislating bodies work directly and openly against the interests of the public. They work to increase corporate profits, decrease standards of living, take rights away from common people, drive wages down, etc, in the interest of gaining more money and control for a handful of chosen billionaires. Our government, almost universally except for a few very lucky municipalities, isn't even legitimately elected anymore. They don't care what the public thinks because it very literally does not matter for the purpose of staying in office.

So when you see "the US" do something stupid or harmful, nearly every single time, you need to understand that the people of the US were almost certainly completely against it and our government did it anyway. And funded it by stealing money from us and threatening violence to anyone who speaks out against it. The US is what enables the NAND cartel, they enabled the DRAM cartel, they enable price fixing and anti-competitive behaviors, and even in the very rare circumstances where our regulators actually fine a company, that fine is always, without exception, and *tiny* fraction of the profits those companies gained through underhanded tactics or outright breaking the law. "Fines," for large corporations in the US, are very literally just a cost of doing business. Fines exist to crush small companies before they can start competing with the chosen ones like Amazon or YouTube or pharmaceuticals.

 

[eidairaman1]

Is it a coincidence that YMTC is based in WUHAN China?

Thank you thank you

 

[ARF]

This type of threads should get the comments section disabled since dozens and dozens of innocent comments disappear without a trace.
How do you recognise which comment is right and which is wrong?
Long live the freedom of speech!