China's CXMT Plans Second Beijing Chip Plant Amid Expansion
China's memory chip giant CXMT is planning to build a second chip manufacturing plant in Beijing, following its successful IPO. The expansion signals China's continued efforts to boost its domestic chip production capacity.
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EXCLUSIVE: CXMT plans second chip plant in Beijing and is in talks on its funding, sources say - Reuters
EXCLUSIVE: CXMT plans second chip plant in Beijing and is in talks on its funding, sources say Reuters
Read full article →Exclusive-CXMT plans second chip plant in Beijing and is in talks on its funding, sources say
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Read full article →After Blockbuster IPO, China's Memory Giant CXMT Plans Second Chip Plant In Beijing
After Blockbuster IPO, China's Memory Giant CXMT Plans Second Chip Plant In Beijing CXMT, China's largest chipmaker by output and certainly by market value thanks to its blowout IPO pricing one week ago, which saw its stock surge more than 7x from its offering price of 8.66 yuan per share, is considering building a second memory-chip plant in Beijing and is in financing talks with a tech manufacturing hub backed by the local government, Reuters reported citing source familiar. ...
By Tyler Durden
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