CXMT leans on Chinese toolmakers in US$5.2b expansion push: source
- Posted on September 29, 2026
- By South China Morning Post
- 3 Views
- 1 min read
China's leading memory chip manufacturer is accelerating its production capacity through a substantial $5.2 billion investment strategy, placing significant reliance on domestic semiconductor equipment suppliers. The expansion initiative involves setting ambitious procurement targets for locally-manufactured chipmaking technology, strengthening China's self-sufficiency in advanced semiconductor production. This strategic move reflects the company's commitment to scaling operations while supporting the growth of indigenous toolmaker ecosystem.
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