ChangXin Memory Technologies (CXMT) is expanding into the NAND flash market. This move increases competition for established manufacturers like SanDisk, Samsung, SK Hynix, and Micron.
The company is building a research and development production line at a new facility in Beijing. CXMT is currently negotiating with potential clients in the artificial intelligence and supercomputing sectors.
Domestic rival YMTC is also reportedly exploring the DRAM market. These dual expansions signal a major shift in China's broader semiconductor strategy.
The expansion coincides with a global memory shortage fueled by rising AI demand. Industry experts expect this supply constraint to persist for several years.