CXMT in Talks to Add Second Beijing DRAM Fab as It Seeks Local Funding Support
Aug 3 - CXMT, the mainland-listed memory chipmaker that recently completed an $8.6 billion IPO, is exploring construction of a second 12-inch DRAM fabrication plant in Beijing’s Yizhuang district and is in early-stage financing discussions with a government-backed development zone and state-owned technology investors. The plan comes as the company …