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China's CXMT eyes flash-memory push amid global shortage; firm to take on Samsung, YMTC
Source: reuters.com
Technology & InnovationSemiconductorsTrade Policy & Supply ChainCompany Fundamentals
Chinese memory-chip maker CXMT is preparing to enter the flash-memory market, expanding beyond its current focus and challenging incumbents led by Samsung Electronics. The move comes amid a global memory shortage and could broaden CXMT's customer base, while increasing competitive pressure in the strategically important memory-chip supply chain.
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