TAIPEI -- In just five years and in the face of mounting U.S. restrictions, China's share of the global memory chip market has gone from virtually zero to 5% -- and industry insiders say it could double this year alone in a challenge to global leaders Samsung Electronics, SK Hynix and Micron.
Much of that growth is down to ChangXin Memory Technologies. After two years of expanding capacity in Beijing and Hefei, where it is based, CXMT can now produce commercially viable dynamic random access memory (DRAM) chips, a vital component in just about every type of electronic device. It is also working to produce high-bandwidth memory (HBM) chips for AI computing.
