CXMT to enter flash memory market, challenging Samsung and YMTC amid AI-driven shortage

CXMT, a Chinese DRAM specialist, is preparing to enter the NAND flash memory market, a segment dominated by Samsung and other foreign firms, according to three sources. This move would put it in direct competition with domestic rival YMTC and expand its customer base amid a global memory shortage driven by AI server demand. The entry signals China's push to reduce reliance on foreign memory chips, but faces significant technical and geopolitical hurdles.