ChangXin Memory reaches 10% of global DRAM market in Q2

ChangXin Memory Technologies, also known as CXMT, has captured a 10% share of the global DRAM market by revenue in the second quarter. According to Counterpoint Research, this growth follows a 4% share a year prior and 8% in the previous quarter. Simultaneously, the Shanghai Stock Exchange updated the company's STAR Market IPO review status to the inquiry stage. This milestone advances the Chinese memory-chip maker further into the exchange's review process, though listing approval is not yet finalized.