China's CXMT Reports Soaring Profit Amid Memory Chip Demand

Chinese memory chipmaker CXMT has reported a significant surge in profit, with one report indicating a 1,688% increase, as global demand for memory chips continues to soar. The company also expects its revenue to rise considerably.

18 May, 02:47 — 18 May, 02:47

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ReutersVery High105d ago

China's CXMT expects revenue to surge as memory chip demand soars - Reuters

China's CXMT expects revenue to surge as memory chip demand soars Reuters

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First report: nikkei-asia · 18 May, 01:14|Full coverage: 2 · 2h|Window: 2h

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nikkei-asia18 May, 01:14First to report

China's CXMT logs 1,688% profit surge amid global memory crunch - Nikkei Asia

2h later

Reuters18 May, 02:47Latest update

China's CXMT Reports Soaring Profit Amid Memory Chip Demand

Sources

China's CXMT expects revenue to surge as memory chip demand soars - Reuters

Coverage Timeline

China's CXMT logs 1,688% profit surge amid global memory crunch - Nikkei Asia

China's CXMT expects revenue to surge as memory chip demand soars - Reuters

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