https://www-scmp-com.libproxy1.nus.edu.sg/rss/526159/feed ChangXin Memory Technologies (CXMT) is China’s largest manufacturer of DRAM chips. Based in Hefei, the company is a critical player in Beijing’s push for semiconductor self-sufficiency, driving market expansion while navigating US trade blacklists. en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Howard Liu Howard Liu China’s expanding semiconductor industry is fuelling anxiety in South Korea, where a new report from PwC has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing. To stay ahead, Samil PwC... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3372138/south-korea-urged-guard-chip-profitability-chinas-cxmt-and-ymtc-gain-market-share https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3372138/south-korea-urged-guard-chip-profitability-chinas-cxmt-and-ymtc-gain-market-share Mon, 26 Oct 2026 07:00:09 +0000 Howard Liu Howard Liu A sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector. Shares in market leaders Samsung Electronics and SK Hynix plunged in Seoul on Tuesday, extending a days-long slide that has also swept up Chinese rival ChangXin Memory Technologies (CXMT). Samsung and SK Hynix closed down 7.4 per cent and 10.1 per cent, respectively. The companies... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3370739/why-samsung-sk-hynix-and-cxmt-shares-are-under-pressure-despite-strong-ai-demand https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3370739/why-samsung-sk-hynix-and-cxmt-shares-are-under-pressure-despite-strong-ai-demand Tue, 13 Oct 2026 10:30:05 +0000 Coco Feng Coco Feng Chinese memory chip giant ChangXin Memory Technologies (CXMT) has reported “key progress” on a new cell architecture to boost memory density, an innovation that competitors such as Samsung Electronics and SK Hynix are also working on. CXMT planned to roll out a new server-memory product based on the structure by the end of 2026, president Cao Kanyu said at an industrial event in Shanghai over the weekend, according to a company statement. At the centre of the development is the “4F square”... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370505/chinas-cxmt-unveils-key-progress-chip-structure-pursued-samsung-sk-hynix https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370505/chinas-cxmt-unveils-key-progress-chip-structure-pursued-samsung-sk-hynix Mon, 12 Oct 2026 00:30:13 +0000 Haining Gao Haining Gao – https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/banking-finance/article/3369852/hong-kongs-big-ipo-haul https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/banking-finance/article/3369852/hong-kongs-big-ipo-haul Tue, 06 Oct 2026 02:22:01 +0000 Howard Liu Howard Liu Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment, according to a source. The firm, listed on the Shanghai Stock Exchange’s Star Market, would spend 24.1 billion yuan on a new technology research and development project and another 10.8 billion yuan on the second phase of a wafer testing base, according to a Monday stock filing. The... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3369192/chinas-cxmt-favour-domestic-suppliers-us52b-memory-chip-capacity-push-source https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3369192/chinas-cxmt-favour-domestic-suppliers-us52b-memory-chip-capacity-push-source Tue, 29 Sep 2026 09:30:05 +0000 Ann Cao Ann Cao Chinese memory chip giant Changxin Memory Technologies (CXMT) said on Sunday that it adopted its new-generation technology platform for mass production, narrowing the advantage of global leaders including Samsung Electronics and SK Hynix in manufacturing nodes. CXMT’s fifth-generation technology platform, dubbed G5, achieved a “quantum leap” in storage density, with the number of dies produced per wafer increasing by at least 50 per cent from the previous generation while maintaining better... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3368154/chinas-cxmt-touts-new-chip-manufacturing-platform-close-worlds-most-advanced https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3368154/chinas-cxmt-touts-new-chip-manufacturing-platform-close-worlds-most-advanced Sun, 20 Sep 2026 10:30:05 +0000 Ben Jiang Ben Jiang China’s leading memory chipmaker ChangXin Memory Technologies (CXMT) is gaining ground among local smartphone vendors, with some of its high-end chips finding their way into flagship Chinese handsets as vendors push into the premium market. ZTE-backed Nubia’s NaviX Ultra that went on sale on Wednesday used LPDDR5X DRAM chips from CXMT, the companies announced earlier this month. The handset was dubbed the Nubia Doubao phone due to its integration of TikTok parent ByteDance’s Doubao artificial... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3367853/once-reliant-samsung-and-sk-hynix-chinese-smartphone-makers-are-turning-cxmt https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3367853/once-reliant-samsung-and-sk-hynix-chinese-smartphone-makers-are-turning-cxmt Thu, 17 Sep 2026 09:00:11 +0000 Wency Chen Wency Chen Leading chipmaker ChangXin Memory Technologies (CXMT) has joined a growing list of Chinese technology companies suing the US government over their additions to Pentagon blacklists, as legal experts said US courts had shown a willingness to hold the Department of Defence to account. Recent rulings involving Chinese tech firms including lidar sensor maker Hesai Group, drone manufacturer DJI and biotech firm WuXi AppTec indicated that judges were prepared to scrutinise the US government’s evidence... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3365751/cxmt-joins-growing-list-chinese-tech-firms-suing-us-pentagon-over-blacklists https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3365751/cxmt-joins-growing-list-chinese-tech-firms-suing-us-pentagon-over-blacklists Sun, 30 Aug 2026 09:46:26 +0000 Howard Liu Howard Liu Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products – posted revenue of 150.31 billion yuan (US$22.4 billion) for the six months to June, up 873.64 per cent year on year, according to a filing... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3365623/chinas-cxmt-posts-massive-870-revenue-surge-aggressive-expansion-pays https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3365623/chinas-cxmt-posts-massive-870-revenue-surge-aggressive-expansion-pays Fri, 28 Aug 2026 11:06:12 +0000 Howard Liu Howard Liu Shares of ChangXin Memory Technologies (CXMT) could more than double from Monday’s close as the Chinese chipmaker expands its global dynamic random-access memory (DRAM) market share to 18 per cent by 2028, according to Nomura, which set a price target of 116 yuan. The listing of CXMT, the country’s top maker of DRAM chips, sparked investor momentum as its shares surged 466 per cent to close at 49 yuan. It has become the most valuable company listed on the mainland Chinese market. Its market cap... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3362012/what-cxmt-must-do-grow-global-memory-market-share-and-build-its-surge-analysts https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3362012/what-cxmt-must-do-grow-global-memory-market-share-and-build-its-surge-analysts Mon, 27 Jul 2026 13:00:07 +0000 Howard Liu Howard Liu China’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), has priced its Shanghai initial public offering at 8.66 yuan (US$1.28) apiece, positioning the company for the largest listing by a Chinese semiconductor company on a mainland bourse. The firm, based in Hefei, Anhui province, is expected to raise gross proceeds of 57.9 billion yuan (US$8.5 billion) from the sale of nearly 6.7 billion shares, according to an offering announcement released on Tuesday. The shares represent 10... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3360615/china-memory-giant-cxmt-valued-us85-billion-record-shanghai-ipo https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3360615/china-memory-giant-cxmt-valued-us85-billion-record-shanghai-ipo Wed, 15 Jul 2026 04:28:01 +0000 Howard Liu Howard Liu As China’s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star Market listing, the critical question facing investors is whether the firm can convert its cyclical windfall into permanent industry leadership. The Hefei-based chipmaker enters the market at a uniquely lucrative moment: a global memory shortage driven by surging artificial intelligence computing demand has triggered a massive upcycle in pricing, delivering... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3359168/inside-cxmts-us43b-ipo-soaring-profits-meet-us-export-threat-and-high-stakes-hbm-race https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3359168/inside-cxmts-us43b-ipo-soaring-profits-meet-us-export-threat-and-high-stakes-hbm-race Thu, 02 Jul 2026 08:46:50 +0000 Howard Liu Howard Liu The planned listing of ChangXin Memory Technologies (CXMT), the country’s leading DRAM maker, is drawing attention after a recent update of its prospectus with a sharp earnings turnaround, showing how quickly the Hefei-based company has benefited from a global DRAM shortage and rising memory prices. In the first quarter, its revenue reached 50.8 billion yuan (US$7.4 billion), up 719 per cent from a year earlier, while net profit was 33.0 billion yuan, compared with a loss of 2.83 billion yuan in... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3354223/why-chinese-dram-maker-cxmts-ipo-attracting-so-much-attention https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3354223/why-chinese-dram-maker-cxmts-ipo-attracting-so-much-attention Wed, 20 May 2026 10:00:11 +0000