Chinese Memory Maker Could Grab 15% of Market, Stoking Price Wars

Changxin Memory Technologies (CXMT), a Chinese dynamic random access memory (DRAM) manufacturer, is projected to capture as much as 15% of the global DRAM market in the coming years, potentially triggering significant price competition. This forecast comes from Gou Jiazhang, general manager of Silicon Motion Technology, a SSD controller developer. Rapid Growth of CXMT Just three years ago, CXMT held less than 2% of the global DRAM market. However, increased production capacity and the scaling up of DDR4, LPDDR4, and LPDDR5 memory are expected to boost its share to 10% in 2024. With the company now reportedly increasing DDR5 production, market share could reach 15% by late 2025, according to Gou Jiazhang. CXMT’s production has reportedly increased from 70,000 wafer starts per month (WSPM) in 2022 to 120,000 WSPM in 2023 and 200,000 WSPM in 2024. This growth signifies China's growing influence in the memory sector and poses a direct challenge to established leaders like Samsung, SK h…