
ChangXin Memory Technologies (CXMT) is suing the Pentagon to overturn its designation as a Chinese military company as the Chinese DRAM maker seeks to turn a global memory shortage into overseas growth.
Hangzhou Lion Microelectronics plans to invest about CNY3 billion (approx. US$446 million) in a new 12-inch silicon wafer project in Jiaxing, expanding into a market where AI demand is lifting volumes and prices while China still relies heavily on imported large-diameter wafers.