Chinese dynamic random access memory (DRAM) manufacturer Changxin Memory Technologies (CXMT) could capture as much as 15% of the global memory market in the coming years, according to estimates by Gou Jiazhang, general manager of Silicon Motion Technology, a developer of SSD controllers, as reported by News.Cnyes.com. If this happens, it could drastically affect the global DRAM market.
About three years ago, CXMT commanded less than 2% of the global DRAM market, according to Gou Jiazhang. However, a gradual increase in CXMT's production capacity, along with the scaling up of DDR4, LPDDR4, and LPDDR5 memory, is expected to increase its share to 10% in 2024, Gou Jiazhang said at a charity event in Taipei. As the company is reportedly ramping up production of DDR5, its share could increase to as much as 15% by late 2025, based on the estimates provided by the general manager of Silicon Motion.
