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China's CXMT targets 30% DRAM memory market share by 2030 with sixth mega-fab — future plans bottlenecked by access to advanced chipmaking tools
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If all announced projects proceed as planned, the company's production capacity could more than double in the mid-term future, the report claims.
Meanwhile, investment banker Dan Niles believes China could capture 30% of the DRAM market by 2030, according to P Equity Research.
Growing at a rapid paceCXMT currently operates three 300-mm DRAM fabs: two near Hefei and one in Beijing's Yizhuang district.
Latest Videos From Tom's Hardware Watch full video here:Building three big DRAM fabs is a big deal, from both financial and execution points of view.
In 1975, U.S. companies controlled 95% of the DRAM market, with Intel alone holding 75%.