TechChina’s CXMT to favour domestic suppliers in US$5.2 billion memory-chip expansion: source
ChangXin Memory Technologies plans to invest 34.9 billion yuan (US$5.2 billion) to expand memory-chip capacity, with much of the funding intended for domestic chipmaking-equipment suppliers, a source said. A stock filing said 24.1 billion yuan would fund a new technology R&D project and 10.8 billion yuan the second phase of a wafer-testing base.
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South China Morning Post★★★☆☆2026-09-29 09:30Original
China’s CXMT to favour domestic suppliers in US$5.2 billion memory-chip expansion: source
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