55 mins ago
CXMT Says New Memory-Chip Platform Enters Mass Production
CXMT is a Chinese company that makes memory chips.
It said a new fifth-generation chip platform has started mass production.
Memory chips act like short-term working memory for phones and computers.
They help devices run apps and programs.
CXMT says its new platform can make more powerful chips.
The chips are also designed to cost less and use less electricity.
Electronics companies could have another supplier for chips used in smartphones and other devices.
The development may help China compete more strongly with major memory-chip makers such as Samsung Electronics, SK Hynix and Micron Technology.
Chinese DRAM maker CXMT said its fifth-generation technology platform entered mass production.
The platform is designed to produce more powerful memory chips at lower cost.
CXMT said the technology also uses less power than earlier platforms.
The company said the platform will give electronics makers another chip supplier.
The development could strengthen China’s competition with Samsung Electronics, SK Hynix and Micron Technology.
- Who
- CXMT, a Chinese DRAM chipmaker.
- What
- CXMT said its fifth-generation technology platform had entered mass production.
- Where
- China, with the company listed on Shanghai’s STAR Market.
- When
- Sunday; the article also says CXMT listed on Shanghai’s STAR Market this year.
- Why
- The platform is intended to make more powerful memory chips at lower cost and with lower power use, while providing electronics makers with another source of supply.
Key facts
- Company
- CXMT
- Industry
- Dynamic random-access memory (DRAM) chips
- Technology
- Fifth-generation technology platform
- Production status
- Entered mass production
- Claimed benefits
- More powerful chips, lower cost and reduced power use
- Potential customers
- Electronics makers producing smartphones and other devices
- Market context
- Potential competition with Samsung Electronics, SK Hynix and Micron Technology
Sources
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