Chinese memory chipmaker ChangXin Memory Technologies, or CXMT, has moved ahead of global rivals SK Hynix and Micron in profit margins, according to a report by Nikkei Asia. The report said the company benefited in the second quarter from tight supply in the commodity DRAM market, a segment where pricing conditions turned favorable. CXMT’s key products include DDR5 memory, which has seen price gains in recent months. Nikkei Asia said the shift is taking place in a memory chip industry that has long been dominated by suppliers from South Korea, the United States, and Japan. The report focused on margin performance and market conditions, without adding further operational details in the cited brief.
Chinese chipmaker ChangXin Memory Technologies (CXMT) has moved ahead of global competitors on profit margins, overtaking SK Hynix and Micron, according to Nikkei Asia.
The report said CXMT benefited in the second quarter from tight supply in commodity DRAM. Its main products include DDR5 memory, whose prices have risen in recent months.
Nikkei Asia said this is unfolding in a memory chip sector dominated by suppliers from South Korea, the United States, and Japan.
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