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If Apple starts buying YMTC chips, Samsung, SK Hynix’s good days may be numbered

According to BusinessKorea reports, for the first time, Apple is buying 3D NAND memory chips from China’s YMTC, making it a supplier of components for iPhone 14, which was just launched in its Far Out Event on September 7. Although Apple denied having used YMTC chips in iPhone 14 in a Financial Times report, it has confirmed that it is indeed “evaluating” purchasing YMTC’ NAND chips. That is definitely a bad omen for Korean memory manufacturers Samsung and SK Hynix. Why?