This article was first published by The Korea Times in a partnership with the South China Morning Post. Two of China’s leading memory-chip makers are moving closer to public listings, posing a significant long-term challenge to South Korean giants Samsung Electronics and SK Hynix, despite a limited immediate threat, according to analysts. ChangXin Memory Technologies (CXMT), China’s leading dynamic random-access memory (DRAM) producer, won approval last week for its nearly 30-billion-yuan...
Chinese memory chip stocks rallied on Monday after ChangXin Memory Technologies (CXMT) disclosed sharply stronger first-quarter results and an upbeat first-half outlook in its updated listing prospectus, as the global memory shortage boosts China’s semiconductor supply chain. GigaDevice, a chip designer and CXMT shareholder, rose 6.57 per cent on Monday to close at 400 yuan per share, taking its gain over the past month to more than 40 per cent. In Hong Kong, GigaDevice shares rose 8 per cent on...
Chinese memory module manufacturers are accelerating the release of consumer and enterprise storage products powered by domestic DDR5 chips, as breakthroughs by ChangXin Memory Technologies (CXMT), the nation’s leading memory chipmaker, filter through the supply chain. Powev, one of China’s major memory module vendors, recently said its Sinker-branded DDR5 server memories had entered mass production and delivery. The 64GB DDR5-5600 RDIMM product passed testing by multiple major customers and was...