China's CXMT to supply memory chip for Xiaomi's upcoming folding phone

China’s memory chipmaker CXMT will supply its latest LPDDR6 DRAM chips to power Xiaomi’s upcoming flagship folding phone, per a statement by both companies. The announcement signals a meaningful design-win for CXMT tied to a high-profile consumer launch, likely supporting near-term demand visibility. Market impact is likely limited to the involved names unless broader supplier relationships or volumes are disclosed.