Chinese RAM is reportedly landing in laptops from HP, Asus and Acer but it won't change the memory crisis overnight
CXMT is having a big couple of months.
Chinese memory producer CXMT is gaining traction in the industry, having recently completed its initial public offering and becoming one of China's most valuable companies. HP, Asus, and Acer are among the laptop manufacturers reported to be utilizing CXMT's chips, though the limited quantity is a strategic move to steer clear of conflict with dominant global memory chipmakers such as Micron, Samsung Electronics, and SK Hynix.
PC models featuring CXMT chips are primarily being sold in non-US markets. While Asus declined to comment, Acer stated they maintain close contact with various global manufacturers and suppliers to adapt to component price fluctuations and enhance their supply chain resilience. CXMT's market share in global DRAM revenue now stands at 7%, up from previously.
The company is actively expanding its production capacity, with plans for a second chip plant in Beijing and new plants in Shanghai and Hefei, aiming to double capacity to 600,000 wafers per month. This expansion indicates long-term memory expansion goals for CXMT, a response to the ongoing memory crisis that is expected to persist until at least 2029.
Major companies and analysts forecast a severe memory supply crisis next year, and beyond 2029, with SK Hynix predicting customer demand will remain higher than supply capacity even beyond 2030. CXMT's emergence in the market is likely attributed to the memory crisis, providing an opportunity for new entrants that previously struggled in an oversaturated market.
The future worth of CXMT remains uncertain, but it is anticipated to be substantially higher than it was at the outset of this transformative period.
Written by urgent.news from PC Gamer's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
