China’s CXMT eyes flash-memory push amid global shortage; firm to take on Samsung, YMTC
Chinese chipmaker CXMT is preparing to enter the booming flash memory chip market dominated by Samsung Electronics and other foreign rivals, three people with knowledge of the matter said, a move that would broaden its customer base amid a global memory shortage.
The move would also pit the dynamic random access memory (DRAM) chip specialist against domestic rival YMTC, taking it into one of the semiconductor industry’s fastest-growing segments.
