China's CXMT Eyes Second Beijing Fab To Fight Memory Shortage
Chinese memory titan ChangXin Memory Technologies (CXMT) is in early talks to secure funding for a second major DRAM fabrication facility in Beijing in a bid to expand memory chip output. Could this help alleviate some of the pressure on the memory industry?
Backed by local government entities, the expansion aims to bolster China's semiconductor manufacturing capability amidst soaring global demand for computer memory. Constructing a fancy new DRAM facility typically requires an investment exceeding $10 billion, so to meet that steep threshold, CXMT is actively negotiating financing arrangements with the Beijing Economic-Technological Development Area (the development zone's governing body) and state-linked investment groups that have historically supported its growth.
At present, CXMT operates two flagship 12-inch wafer fabs, one in Hefei and its initial plant in Beijing that was founded in 2020. Combined, these operating facilities currently generate roughly 200,000 wafers per month (WPM). The third new plant is...
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