# China’s CXMT to favour domestic suppliers in US$5.2 billion memory-chip expansion: source

https://mins.news/en/item/78334

- South China Morning Post, 2026-09-29 09:30 UTC
- Tech
- Original: https://www.scmp.com/tech/tech-trends/article/3369192/chinas-cxmt-favour-domestic-suppliers-us52b-memory-chip-capacity-push-source?utm_source=rss_feed

> 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.