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Chinese chip maker ChangXin Memory eyes IPO and challenges Micron, SK Hynix and Samsung
ChangXin Memory Technologies (CXMT), a homegrown Chinese chip maker, is preparing for a major public listing and is targeting market share held by Micron, SK Hynix and Samsung. The company is regarded as the memory industry's biggest wild card, with the potential to reshape the global competitive landscape. Its rise comes amid ongoing US-China trade tensions in the semiconductor sector.
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