SMIC has appointed Tzu-Tin Chiu as its new CEO, replacing David Wang who resigned in July. Chiu most recently was president/CEO of Hua Hong NEC. Samsung has widened its lead on in the NAND flash market to 40% market share, vs. 28% for Toshiba and 13% for Hynix, says DRAMeXchange. Samsung and Hynix also are reportedly speeding development of 2Xnm DRAM modules to ramp production by year's end.
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