China's CXMT plans NAND flash line, challenging Samsung and Micron

Reuters · 7 hours ago
  • CXMT plans a NAND flash research line in Beijing, expanding beyond its core DRAM business, according to sources cited by Reuters.
  • The move puts CXMT into a new market where it would challenge Samsung, SK Hynix, Micron and China's YMTC.
  • A global flash shortage has boosted prices and strained device makers, creating the opening CXMT is targeting.

Quotes

CXMT plans NAND flash research line in Beijing, sources sayReuters
Move opens new market beyond CXMT's core DRAM businessReuters
Global flash shortage has boosted prices, strained device makersReuters
CXMT would challenge Samsung, SK Hynix, Micron and China's YMTCReuters

Sources