20-September-2026
Corporate News
 
Exclusive-China's CXMT Eyes Flash-Memory Push Amid Global Shortage; Firm to Take on Samsung, YMTC
19-Sep-2026

Chinese chipmaker CXMT is preparing to enter the booming flash memory chip market dominated by Samsung Electronics and other foreign rivals, three people with knowledge of the matter said, a move that would broaden its customer base amid a global memory shortage. The move would also pit the dynamic random access memory (DRAM) chip specialist against domestic rival YMTC, taking it into one of the semiconductor industry's fastest-growing segments.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-18/exclusive-chinas-cxmt-eyes-flash-memory-push-amid-global-shortage-firm-to-take-on-samsung-ymtc