Update: Both companies denied the report.
UNIC Memory issued a statement denying the company's dissolution but acknowledging that the company's business has changed, according to Mydrivers.com.
UNIC Memory stated that the company has refocused its related businesses and compressed some of its NAND product lines. In the future, with the steady production of 3D NAND by Yangtze River Storage, related businesses will gradually shift to Yangtze River Storage.
At the same time, UNIC Memory has enhanced some DRAM product lines.
Yangtze Memory said that the report is seriously inconsistent with the facts, saying that the company is currently running well, working closely with the headquarters, and maintaining stable personnel and business.
Orginal report:
UNIC Memory, a subsidiary of Tsinghua Unigroup, is about to dissolve, and employees are currently waiting to be transferred to other branches of Tsinghua Unigroup or to find new jobs, according to Laoyaoba.com.
There are about 200-300 people in UNIC Memory as a whole. The main staff are in Beijing, Xi'an and Suzhou, and Shanghai has only a small number of employees.
This is a large-scale layoff, leaving only a small number of employees to clear inventory products, and most employees need to find additional jobs, the report said citing a source close to UNIC Memory.
"Last weekend, I received a call from the group vice president and notified everyone that the Shanghai company would be disbanded, and everyone's resumes would be sent to Yangtze Memory Technologies and some related companies under the company's selection," another person familiar with UNIC Memory Shanghai said.
"At present, most of the employees are waiting for Yangtze Memory to pick people. Those who have not been picked will find their own way, and the issue of compensation has not been discussed. If you have DRAM experience and background, you can have a relatively high probability of being picked by Yangtze Memory. "
The person also said that the team originally wanted to work on NAND Flash, and has been losing money. Now it will dissolve the related posts directly. If it doesn't do it later, the focus of UNIC Memory will also be on DRAM.
The group vice president in the news is likely to be Ma Daojie, global executive vice president of Tsinghua Unigroup and chairman of UNIC Memory. He is also the legal representative and chairman of Beijing UNIC Memory Technology Co., Ltd.
In response to this rumor, UNIC Memory told the nbd.com.cn that in order to realize Tsinghua Unigroup's overall storage strategy, optimize the product mix, and provide customers with better technical services, UNIC Memory has refocused on related businesses.
Specifically, UNIC Memory has compressed some NAND product lines. In the future, with the steady mass production of Yangtze Memory 3D NAND, related businesses will gradually be transferred to Yangtze Memory; at the same time, some DRAM product lines will be enhanced.
Yangtze Memory is also a subsidiary of Tsinghua Unigroup, focusing on the integration of 3D NAND flash memory design and manufacturing. In September 2019, the 64-layer TLC 3D NAND flash memory equipped with Yangtze Memory's independent innovation Xtacking architecture has been officially mass-produced and is currently in yield and capacity climbing phase.
UNIC Memory's products include NAND particles, which slightly overlap with Yangtze Memory's main attack field. This adjustment can be regarded as UNIC Memory focusing on the DRAM field, and the NAND part is transferred to Yangtze Memory's unified leadership.