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China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off

South China Morning Post 28 August 2026 11h ago
China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off
81
Relevance
18/25
Freshness
25/25
Authority
18/20
Brand Signal
14/15
Depth
6/15
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Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products – posted revenue of 150.31 billion yuan (
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