Despite the booming demand for its products and aggressive plans for capacity expansion, China's CXMT is unlikely to make a significant dent in the global DRAM market, according to a research report from South Korea's Hanwha Securities. CXMT has managed to carve a place for itself in the global memory market as booming AI demand stretches the production capacity of key players. Its products are primarily targeted towards domestic Chinese firms, with multiple reports having indicated that Apple is also interested in buying the firm's products.
The ongoing
