Reportedly, Apple has submitted its plan in order to purchase NAND flashes for the iPhone series from Yangtze Memory Technology (YMTC). Notably, it’s a Chinese state-run semiconductor company. Also, this will associate as a partner with Samsung Electronics.
In addition to the information, Apple has revealed its plan. Whereby, the same has going to purchase 3D NAND flashes from YMTC for iPhones. These phones are to be sold in China, and Taiwan. The reason is YMTC is predicted to come under the US government’s export control entity list.
Hence, Apple has decided to buy NAND flashes from Samsung Electronics. As it supplies DRAMs for iPhones, the info revealed by DigiTimes, quoting an industry insider respectively. Additionally, Samsung Electronics is speculated to start making the same for iPhones that probably start in 2023 at its Xian plant in China.
While Samsung Electronics has been resisting signing a contract with Apple. As the product that the US tech giant wants to purchase from it is the high-value-added memory solutions that integrate self-developed controllers.
Samsung Electronics subsequently decided to supply NAND flashes to Apple in order to increase its market share. Thereby exhausting the inventory, that has stacked up due to a decline in consumption due to the economic downturn, revealed by analysts.
Samsung Electronics supply of NAND flashes to Apple is predicted to hurt SK Hynix. Since it is an existing supplier of Apple and also Japan’s Kioxia and the United States Western Digital. Also, at the same time, it will further upgrade Samsung Electronics’ cost competitiveness.