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CXMT plans $5.6 billion IPO as China pushes for semiconductor self-sufficiency
ChangXin Memory Technologies (CXMT) is on its way to a 300 billion yuan ($42.12 billion) valuation if it successfully lists on Shanghai’s STAR market and raises as much as $5.6 billion in its upcoming...
1 min

China’s top flash memory maker to expand into DRAM production
Yangtze Memory Technologies Co (YMTC), China’s top flash memory chipmaker, plans to expand into making DRAM chips. The plan includes making advanced versions that will be used to make artificial intel...
1 min