{
  "id": 3242054,
  "title": "CXMT Meets Half of China D-RAM Demand by 2028",
  "url": "https://urgent.news/2026/08/25/cxmt-meets-half-of-china-d-ram-demand-by-2028",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-25T10:58:16.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=275506"
  },
  "original_language": "en",
  "account": "Chinese semiconductor foundry company ChangXin Memory Technologies (CXMT) is on track to meet 50% of China's DRAM demand by 2028, as projected by US investment bank Goldman Sachs. This is based on the expansion of domestic wafer production, which is expected to surpass demand growth. Goldman Sachs' report cited a 46% annual increase in wafer production using 7-nanometer or smaller processes until 2035, outpacing China's projected 17% demand growth. SMIC, China's largest foundry company, is anticipated to increase its capacity by 30,000 to 50,000 wafers per month annually from this year until 2031, and by 20,000 wafers per month annually until 2035. Yield improvements are also expected, rising from 23% this year to 50% in 2030 and 75% in 2035. Although CXMT still lags about 2 to 3 generations behind industry leaders Samsung Electronics and SK hynix, Goldman Sachs predicts that China's semiconductor self-sufficiency rate will increase from 38% in 2010 to 70% as of June 2023. However, challenges remain, particularly in the area of lithography equipment, which depends primarily on ASML from the Netherlands and is limited by US regulations.",
  "summary": "Forecasts indicate that the shortage of advanced semiconductors will be significantly alleviated over the next 10 years as Chinese foundry companies rapidly expand production. It is also projected that ChangXin Memory Technologies (CXMT), which recently held an initial public offering (IPO), will be",
  "key_points": [
    "CXMT aims to fulfill 50% of China's D-RAM demand by 2028.",
    "Goldman Sachs projects 46% wafer production growth annually until 2035.",
    "SMIC's capacity to expand 30,000-50,000 wafers/month until 2031."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}