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Stock impact report

Chinese memory maker could grab 15% of market in the coming years [Yahoo! Finance]

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (SIMO) 
Last silicon motion technology corporation - american depositary shares, each representing four ordinary shares earnings: 4/28 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.siliconmotion.com
Company Research Source: Yahoo! Finance
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. According to various media reports, CXMT increased its production capacity from 70,000 w Show less Read more
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