Overview
- Reuters reported on Friday that CXMT is preparing to add a NAND flash research-and-development production line at its new Beijing plant and has created a Beijing research institute with NAND projects.
- The company has held preliminary talks with potential customers, including a startup that plans to use the chips for AI storage and supercomputing products.
- Market reaction was limited but positive, with CXMT shares rising about 3.4% to CNY 55.29 on the day the report ran.
- If CXMT follows through, it would move the DRAM specialist into direct competition with global NAND leaders Samsung, SK Hynix and Micron and with China’s YMTC.
- Key hurdles remain before any commercial rollout: no start date for trial production has been disclosed, controller and firmware maturity and server qualification are unresolved, and access to specialized equipment and supply chains will be required.