China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
1–10 of 120 posts
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#2I wish them luck.
The other major DRAM makers use ASML machines, and I’m curious how competitive CXMT will manage to be without them.
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#3It's an opportune moment given how wildly expensive and in demand DRAM is and hopefully it'll give notice to the incumbents that they'll lose market share if they expand production.
As they say in business: "Your margin is my opportunity"
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#4I wish them luck. The other major DRAM makers use ASML machines, and I’m curious how competitive CXMT will manage to be without them.
No DRAM manufacturer I know of uses ASML. DRAM is several years behind on lithography due to complexity/differences.
Outside of that, I hope China can manage to obtain a foothold in silicon, the world, especially NVIDIA, Micron, Hynix, etc. definitely needs a wake up call. The AI world was spooked when China released an MIT licensed LLM model that outperformed others in many metrics at the time, let us hope that others can follow on this success.
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#5https://www.semiconsam.com/p/why-did-the-memory-chicken-game... | https://s-space.snu.ac.kr/bitstream/10371/95351/1/01%20Jeho%...
Chinese memory makers are the product of massive state backing, with tens of billions of dollars in subsidies and the full weight of the Chinese government behind them. Could Samsung win a power struggle against the Chinese government? .. The market that [Samsung, SK Hynix and Micron] created by surviving is completely different from the past. When there were ten players, even if I cut output, someone else could simply increase theirs. But now that only three remain, everyone knows all too well that if anyone recklessly expands supply, everyone goes down together.. the market paradigm has shifted from a “market share (M/S) war” to “profit maximization.”
The key to (CXMT) achieving 10nm-class DRAM mass production at a speed that seemingly defies physics lies in its complete acquisition of Samsung’s PRP process roadmap—a project that took Samsung five years and 1.6 trillion KRW to develop.
South Korean prosecutors indicted multiple individuals in a case alleging that a former Samsung engineer leaked advanced DRAM manufacturing process data to [CXMT] .. shedding light on how leaked trade secrets may have accelerated China’s push into 10nm-class memory.. engineers in question allegedly took note of detailed critical manufacturing steps in handwritten notes taken over five years.. handwritten notes remain difficult to track or audit. Investigators say the accused engineer exploited this gap by memorizing and transcribing process flows, which is virtually impossible to police effectively.Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#6I wish them luck. The other major DRAM makers use ASML machines, and I’m curious how competitive CXMT will manage to be without them.
No DRAM manufacturer I know of uses ASML. DRAM is several years behind on lithography due to complexity/differences. Outside of that, I hope China can manage to obtain a foothold in silicon, the world, especially NVIDIA, Micron, Hynix, etc. definitely needs a wake up call. The AI world was spooked when China released an MIT licensed LLM model that outperformed others in many metrics at the time, let us hope that othe…
All of them use ASML lithography, including CXMT.
They are, of course, a bit slower in EUV adoption. But its already there:
https://www.tomshardware.com/pc-components/dram/micron-sampl...
https://www.techinsights.com/blog/samsung-d1z-lpddr5-dram-eu...
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#7https://www.semiconsam.com/p/why-did-the-memory-chicken-game... | https://s-space.snu.ac.kr/bitstream/10371/95351/1/01%20Jeho%... Chinese memory makers are the product of massive state backing, with tens of billions of dollars in subsidies and the full weight of the Chinese government behind them. Could Samsung win a power struggle against the Chinese government? .. The market that [Samsung, SK Hynix and Micron] crea…
Basically the same thing that happened to Nortel.
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#8Would love to see them succeed and take on the pc builder market, aka hobbyist market. Honestly, the recent rise in RAM left me behind with a huge amount of disbelief and anger. Anger primarily, because big corporations are responsible for draining the market, while on the other hand a Satya Nadella states that they are sitting on a pile of GPUs they cannot use because of limited power.[1]
I simply cannot understand how that will ever be profitable. To me, it just looks like a huge waste of resources.
[1]: https://redmondmag.com/blogs/generationai/2025/12/microsoft-...
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#9need some competition right as of price of ram is as much as expensive as GPU or entire system
Re: China DRAM Maker CXMT Targets $4.2B IPO as It Takes on Samsung, SK Hynix, Micron
#10https://www.semiconsam.com/p/why-did-the-memory-chicken-game... | https://s-space.snu.ac.kr/bitstream/10371/95351/1/01%20Jeho%... Chinese memory makers are the product of massive state backing, with tens of billions of dollars in subsidies and the full weight of the Chinese government behind them. Could Samsung win a power struggle against the Chinese government? .. The market that [Samsung, SK Hynix and Micron] crea…
Basically the same thing that happened to Nortel.
Five years of memorized handwritten notes is a bit more old school corporate/state espionage than remote network breach, https://nationalpost.com/news/exclusive-did-huawei-bring-dow...
Security advisor Brian Shields discovered that not one, but seven Nortel executives, including CEO Frank Dunn, had been hacked, and that the hackers were vacuuming an alarming volume of sensitive material out of its databases. By the end of his investigation, Shields says he was able to track the theft of over 1,400 documents.. during a six-month period when bosses allowed him to monitor the stealing. He found evidence the break-in of Nortel’s internal computer network had started no later than 2000, and probably began in the 1990s. He says it lasted past 2009..