China’s CXMT Favours Domestic Equipment in $5.2bn DRAM Expansion Drive
AI Summary
Mainland memory giant targets aggressive local sourcing as it accelerates advanced chip production and in-house testing. China’s leading dynamic random-access memory (DRAM) producer, ChangXin Memory Technologies (CXMT), plans to invest 34.9 billion yuan ($5.2 billion) in expanding its technological capabilities, with a substantial portion allocated to domestic semiconductor equipment suppliers. According to a Shanghai Stock […]
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