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DigiTimes
CXMT reportedly weighs second Beijing DRAM fab as Chinese cities compete for memory chip investment
CXMT, a major player in the DRAM market, is reportedly contemplating the establishment of a second 12-inch fabrication plant in the Yizhuang district of Beijing. This consideration comes at a time when several Chinese cities are fervently competing to attract investments in memory chip manufacturing. As part of this strategy, CXMT is exploring early-stage financing options with local enterprises. Interestingly, market experts predict a potential oversupply of memory chips by 2028, making this development particularly notable in the context of long-term industry trends.
MonitorConfidence: MediumMid term horizon
Published 4 Aug 2026, 04:20 UTC1 min read
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Summary
TL;DR
- CXMT considers a new DRAM fab in Beijing's Yizhuang district.
- The plan is in response to competitive local investments.
- CXMT is engaging with local entities for early financing.
- Market forecasts suggest a memory chip oversupply by 2028.
- Chinese cities are intensifying competition for chip manufacturing.
Interesting facts
- CXMT is China's leading DRAM manufacturer.
- The expansion aligns with nationwide efforts to boost semiconductor capabilities.
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