{"id":968773,"date":"2025-10-22T09:01:09","date_gmt":"2025-10-22T03:31:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=968773"},"modified":"2025-10-22T09:27:16","modified_gmt":"2025-10-22T03:57:16","slug":"chipmaker-cxmt-plans-shanghai-listing-with-42-billion-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/22\/chipmaker-cxmt-plans-shanghai-listing-with-42-billion-valuation\/","title":{"rendered":"Chipmaker CXMT plans Shanghai listing with $42 billion valuation"},"content":{"rendered":"<p>BEIJING\/SINGAPORE: Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offer in Shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42.12 billion), two sources briefed on the matter said.<\/p>\n<p>Founded in 2016 with government backing, CXMT leads China&#8217;s strategic push to build a foothold in a global DRAM market long dominated by companies from Japan, South Korea and the United States.<\/p>\n<p>China&#8217;s leading manufacturer of dynamic random access memory (DRAM) aims to raise between 20 billion and 40 billion yuan from the offering, the two sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING\/SINGAPORE: Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offer in Shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42.12 billion), two sources briefed on the matter said. Founded in 2016 with government backing, CXMT leads China&#8217;s strategic push to build a foothold in a global DRAM market long dominated by companies from Japan, South Korea and the United States. China&#8217;s leading manufacturer of dynamic random access memory (DRAM) aims to raise between 20 billion and 40 billion yuan from the offering, the two sources said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-968773","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/968773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=968773"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/968773\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=968773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=968773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=968773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}