CXMT Reportedly Prepares Move Into NAND Flash Market
China's largest DRAM maker is said to be setting up a 3D NAND research and production line at a new plant near Beijing, according to Reuters reporting.
AfroEuropa Newsroom
AfroEuropa desk
CXMT, described as China's largest maker of DRAM memory, is reportedly preparing to expand into the NAND flash market, according to a Reuters report cited by TechPowerUp and Tom's Hardware.
Reuters, citing three people familiar with the company's plans, reported that CXMT intends to build a 3D NAND research and development production line at a second manufacturing facility near Beijing. The company has also established a research institute in the capital, and NAND flash development is said to be among the projects underway there, according to one source.
A move into NAND would place CXMT alongside global players such as Samsung, and against domestic rival YMTC, which already ranks third in NAND shipments. Both CXMT and YMTC still trail larger foreign competitors.
Keep reading
Netgear Posts Lower Q3 2026 Revenue While Margins Improve
The networking hardware maker reported net revenue of $167.3 million for the quarter ended September 27, 2026, down 9.3% from a year earlier, with gross margins rising.
Other highlights
Samsung UK Cuts Galaxy S26 Prices by £250 for Black Friday
Samsung UK has launched a Black Friday campaign reducing prices on several premium Galaxy devices, with phone discounts and trade-in bonuses available.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
