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China's CXMT eyes US$4.2B Shanghai IPO to fuel memory chip expansion

Sherri Wang, DIGITIMES Asia, Taipei 0

Credit: CXMT

China's leading domestic DRAM maker, ChangXin Memory Technologies (CXMT), is seeking to raise CNY29.5 billion (approx. US$4.2 billion) through an IPO in Shanghai, as it looks to upgrade production lines...

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