China’s CXMT to Favour Domestic Suppliers in US$5.2b Memory-Chip Capacity Push: Source
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4 Articles
Changxin Memory is investing approximately 7.07 trillion won to expand its DRAM R&D facilities and back-end test bases. This is part of a strategy to strengthen its in-house production system using IPO funds, and the company plans to build a comprehensive semiconductor enterprise structure that enhances inspection efficiency and expands its global market share.
China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source
Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment, according to a source. The firm, listed on the Shanghai Stock Exchange’s Star…
Statements have emerged alleging that the former CEO of Changxin Memory Technologies (CXMT), China's top DRAM manufacturer, summoned Korean engineers formerly with Samsung Electronics and threatened them in this manner. The reality of the "Samsung Electronics technology hunt" hidden behind the ultra-fast growth of Chinese semiconductor companies is being revealed through statements to investigative agencies containing remarks by the former CEO...
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