CXMT Enters Flash Memory Market
Chinese chipmaker CXMT is preparing to enter the flash memory market to capitalize on a global shortage driven by artificial intelligence demand. The expansion pits the DRAM specialist against rivals like Samsung and domestic peer YMTC.
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China chipmaker CXMT is preparing to enter the flash memory market, challenging rivals like SAMSUNG ELECTRONICS CO LTD and expanding its customer base. Three people with knowledge of the matter said the move comes amid a global memory shortage driven by artificial intelligence demand. The expansion pits the DRAM specialist against domestic competitor YMTC in one of the semiconductor industry's fastest-growing segments.
