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China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source

29 Sept 2026, 09:30 UTC · 1 source
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🚨 CXMT PLANS 34.9 BILLION YUAN EXPANSION ChangXin Memory Technologies plans to invest 34.9 billion yuan. A source said a large portion of the capital will go to domestic chipmaking equipment suppliers. A Monday stock filing said 24.1 billion yuan will go to a new technology R&D project and 10.8 billion yuan to the second phase of a wafer testing base. Source: South China Morning Post #China #CXMT

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