How a homegrown Chinese chip maker became the memory industry’s biggest wild card

ChangXin Memory Technologies is positioning itself as a major wild card in the global memory chip industry. The company has captured 8% of the global DRAM market share by offering chips priced 60% below its competitors. As CXMT prepares for a public listing, it aims to challenge the dominance of Micron, SK Hynix, and Samsung. Additionally, Apple is currently testing CXMT memory for its devices destined for the China market to evaluate the homegrown chip maker.