Costs of US chip restrictions force YMTC into major fundraising round
美国技术封锁迫使长江存储进行一轮新融资
Chinese memory chipmaker was running out of cash after a year of combating Washington’s tighter controls
被美国列入贸易黑名单后,长江存储被迫更新和开发一些设备,由此导致的高额支出迫使其在不到一年的时间里再次融资。
China’s biggest memory chipmaker has had to raise billions of dollars in fresh capital, after burning through $7bn in funding over the past year trying to adapt to tough US restrictions on its business.
中国最大的存储芯片制造商不得不筹集数十亿美元的新资本。过去一年,该公司为应对美国对其业务的严格限制耗尽了70亿美元融资。
Yangtze Memory Technologies Corp, which last December was added to a trade blacklist and prohibited from procuring US equipment to manufacture chips, exceeded its target for a new round, according to four people familiar with the situation.
据四位知情人士透露,长江存储科技(Yangtze Memory Technologies Corp)的新一轮融资超额完成了目标。该公司去年12月被美国列入贸易黑名单,禁止其采购美国设备用于制造芯片。
They could not confirm the exact figure raised, but said it was equivalent to billions of dollars.
上述人士无法确认筹得资金的确切数字,但表示相当于数十亿美元。