China’s CXMT Takes Top Spot with 82 per cent Profit Margin

The DRAM manufacturer’s record profitability eclipses Samsung and SK Hynix as conventional memory prices surge. China’s leading DRAM manufacturer, ChangXin Memory Technologies (CXMT), has achieved an unprecedented reversal in the global memory semiconductor sector, recording an 82 per cent operating profit margin for the second quarter to claim the top spot globally for profitability.