Friday, 18 September, 2026
China’s CXMT Expansion Targets Global Flash-Memory Market Amid Shortages
By TechShots Studio
Chinese DRAM manufacturer CXMT is entering the flash-memory market to challenge global titans Samsung and domestic rival YMTC. Backed by government funding and a massive initial public offering, the move aims to capitalize on an AI-driven global memory chip shortage while strengthening Beijing’s push for semiconductor self-sufficiency amidst tightening U.S. trade restrictions.
Read full story at REUTERS