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CXMT Narrows Gap With SK Hynix and Samsung in Smartphone Memory

Bloomberg Technology Tuesday 04 August 2026, 08:40 UTC By Bloomberg News 1 min read
Key Points

CXMT Narrows Gap With SK Hynix and Samsung in Smartphone Memory China’s state-backed CXMT Corp. is poised to produce smartphone memory chips that are on par with the industry’s most advanced designs, highlighting the speed at which Beijing is gaining ground in a field critical for AI deployment. The chipmaker, which is blacklisted by the Pentagon, is preparing to manufacture advanced low-power memory chips in small quantities around the end of the year, people familiar with the matter said....

CXMT Narrows Gap With SK Hynix and Samsung in Smartphone Memory China’s state-backed CXMT Corp. is poised to produce smartphone memory chips that are on par with the industry’s most advanced designs, highlighting the speed at which Beijing is gaining ground in a field critical for AI deployment. The chipmaker, which is blacklisted by the Pentagon, is preparing to manufacture advanced low-power memory chips in small quantities around the end of the year, people familiar with the matter said. Production will take place once prototype testing yields satisfactory results, the people said, asking not to be named discussing internal plans. Mass production will follow at a later date, one of them said.
CXMT Narrows Gap (ORG) SK Hynix (ORG) Samsung (ORG) Smartphone Memory CXMT Narrows (ORG) Smartphone Memory (ORG) China (LOCATION) CXMT Corp. (ORG) Beijing (LOCATION) Pentagon (ORG)
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