ChangXin Memory Technologies to enter NAND flash market
ChangXin Memory Technologies (CXMT) plans to enter the NAND flash memory market, expanding from DRAM to include full memory chip product lines. Reports suggest a new NAND development and production line at a Beijing facility, with collaboration and potential customers in mind. The move could reshape the domestic storage chip landscape alongside existing players like YMTC, amid rising global demand for high-performance SSDs and non-volatile storage.