ChangXing Memory Technologies makes price-busting RAM moves
Little known outside its native China, ChangXing Memory Technologies (CXMT) has to date been selling DRAM to less prominent memory-stick brands. But its memory chips have appeared recently on a DDR5 DIMM stick from Corsair, one of the more recognised memory brands in the West, and the company is also reported to be preparing an IPO that could raise up to $5 billion.
CXMT is the fourth-largest DDR memory maker, after Micron, Samsung, and SK Hynix, with a share of the global market estimated at around 8%, mostly selling to Chinese customers.
The company doesn’t produce High Bandwidth Memory (HBM) used in AI accelerators, and thus its strategy remains at least partially unaffected by the current dearth of memory supply in that segment. It now produces DDR5, which although in short supply, may give companies and consumers an alternative supplier from the ‘big three’ companies who have, since 2022, have...
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