ChangXin Memory Technologies said its revenue growth from 2023 to 2025 was driven mainly by capacity expansion, capacity release, and a rapid production ramp, according to remarks made at an online investor meeting for its STAR Market listing on July 15. Chairman Zhu Yiming said the company has remained in a phase of expanding and releasing production capacity in order to lift output and market share, and that the resulting increase in output and sales was the biggest factor behind revenue growth over the period. He also said long-term technology investment and in-house innovation helped the company build first-, third-, and fourth-generation process technology platforms, with continued iteration leading to higher output per wafer. The company added that sales of its main DRAM products recorded a compound annual growth rate of 83.98% from 2023 to 2025, while the market overall remained in a state of demand outstripping supply.
ChangXin Memory Technologies held an online investor meeting for its STAR Market listing on July 15.
Addressing the drivers behind the company’s rapid revenue growth from 2023 to 2025, Chairman Zhu Yiming said the company has remained in a stage of capacity expansion and release in order to quickly raise production capacity and market share. He said the rapid production ramp, which lifted output and sales volume, was the main factor behind the increase in revenue during the 2023-2025 period.
Zhu also said the company, through long-term technology investment and independent innovation, has successively built first-generation, third-generation, and fourth-generation process technology platforms and continued to iterate on them. That, he said, led to a sustained increase in output per wafer. The rapid improvement in capacity scale and process capability provided solid support for product sales growth.
According to the company, sales of its major DRAM products posted a compound annual growth rate of 83.98% from 2023 to 2025, with the market overall remaining in a supply-constrained state.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
