PERSPECTA

News from every angle

Results for "CXMT"

106 stories found

South Korea Reopens Hundreds of Thousands of Missing Persons Cases
WorldReutersbloombergFT+44Al Jazeeradr-dknzzukrainska-pravdafazberlingskele-figaroSCMP+36 more4d ago47 sources

South Korea Reopens Hundreds of Thousands of Missing Persons Cases

Following the discovery of victims' remains and mounting public pressure, South Korean authorities have launched a comprehensive review of previously closed missing persons cases. The investigation has escalated into a national scandal, prompting high-level government scrutiny and procedural reforms.

CXMT's DDR5 production advances, challenging Samsung
BusinessKorea Herald18d ago

CXMT's DDR5 production advances, challenging Samsung

China's leading memory chipmaker CXMT is reportedly making significant strides in its DDR5 manufacturing, with yields surpassing 90 percent. This development positions CXMT to challenge Samsung's dominance in the PC memory market.

Greggs Reports Profit Increase Driven by Heatwave Sales of Iced Drinks and Salads
BusinessBBCFTThe Guardian+2The Independentchannel-news-asia1mo ago5 sources

Greggs Reports Profit Increase Driven by Heatwave Sales of Iced Drinks and Salads

Greggs announced a rise in profits, attributing the success to strong sales of iced matcha lattes, salads, and chicken rolls during a recent heatwave. The bakery chain's strategic pivot to include more heat-friendly options helped it weather challenging summer conditions and broader economic concerns.

CXMT Becomes China's Most Valuable Listed Chipmaker
Businessirish-independentchannel-news-asia1mo ago2 sources

CXMT Becomes China's Most Valuable Listed Chipmaker

Chinese chipmaker CXMT has become the country's most valuable listed company in the semiconductor sector. This achievement highlights the growing prominence of domestic chip manufacturers in China.

IBM Stock Plunges 25% After CEO Admits AI Spending Miscalculation
Businessrzeczpospolitadie-presseBusiness Insider+7Yahoocapital-bgTimes of Indiaindian-expressnaftemporikindtvseeking-alpha1mo ago10 sources

IBM Stock Plunges 25% After CEO Admits AI Spending Miscalculation

IBM's stock experienced its worst single-day decline since 1987, plummeting 25% and wiping out $69 billion in market value. CEO Arvind Krishna attributed the crash to a misjudgment in client spending on AI products, acknowledging the company 'faltered' in anticipating the shift.

Apple Testing Chinese RAM for iPhones
Businesshvgklix-baKorea Herald1mo ago3 sources

Apple Testing Chinese RAM for iPhones

Apple is reportedly testing RAM from Chinese companies CXMT and YMTC for use in its iPhones. This move comes despite potential challenges and restrictions on using Chinese memory technology.

Trump-Xi Summit Addresses Trade, Taiwan, Iran, AI Safety
WorldBBCbloombergNYT+104economistFTle-mondewapoThe GuardianNPRAl JazeeraFox News+96 more3mo ago107 sources

Trump-Xi Summit Addresses Trade, Taiwan, Iran, AI Safety

The summit between US President Donald Trump and Chinese President Xi Jinping in Beijing covered critical issues including trade, Taiwan, and Iran, with Trump stating Xi vowed no military equipment support for Iran. Discussions also touched upon potential US-China AI safety talks.

China’s cut-rate DRAM tests Samsung, SK in HBM4 race
TechnologyKorea Herald6mo ago

China’s cut-rate DRAM tests Samsung, SK in HBM4 race

Samsung Electronics and SK hynix are locked in a race to mass-produce sixth-generation high-bandwidth memory, but Chinese rivals are making gains elsewhere — flooding the legacy DRAM market with chips priced at roughly half the going rate. According to industry sources on Friday, China’s top DRAM manufacturer CXMT has been offering older-generation DDR4 chips at about half the prevailing market rate. The move comes as global supply shortages have driven prices sharply higher, allowing the compan

Chinese Chipmaker CXMT Joins Lawsuit Against US Pentagon Blacklist
PoliticsSCMP14h ago

Chinese Chipmaker CXMT Joins Lawsuit Against US Pentagon Blacklist

Leading memory chip manufacturer ChangXin Memory Technologies (CXMT) has filed a lawsuit against the US Department of Defense, challenging its inclusion on federal export control blacklists alongside other Chinese technology firms. Legal experts suggest US courts may be open to hearing the case.

Chinese Chipmaker CXMT Sues Pentagon Over Military Blacklist Designation
TechnologyReutersbloombergTimes of India+2straits-timesglobal-times1d ago5 sources

Chinese Chipmaker CXMT Sues Pentagon Over Military Blacklist Designation

Chinese memory chip manufacturer CXMT has filed a federal lawsuit against the U.S. Department of Defense to contest its classification as a Chinese military company. The legal challenge aims to reverse the designation that triggered export restrictions and blacklisting under previous administration orders.

Apple Explores Using Chinese Memory Chips Amid Supply Crunch
Businessbloombergder-standardorf+4forbesseeking-alphaexpress-tribunezerohedge21d ago7 sources

Apple Explores Using Chinese Memory Chips Amid Supply Crunch

Apple is reportedly testing memory chips from Chinese manufacturer CXMT for potential use in its iPhones and MacBooks. This move comes as the global supply crunch for memory chips, exacerbated by the AI boom, pushes tech giants to diversify their suppliers.

China's Factory Activity Unexpectedly Shrinks in July
Worldbloombergcnbcle-figaro+3SCMPchannel-news-asiaseeking-alpha1mo ago6 sources

China's Factory Activity Unexpectedly Shrinks in July

China's factory activity unexpectedly contracted in July, ending a four-month expansion streak and hitting a multi-year low for composite PMI. This decline indicates sagging demand and a slowdown in the country's manufacturing sector.

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut
BusinessBBCbloombergNYT+29FTnzzyle-uutisetcnbchelsingin-sanomattagesschaufazberlingske+21 more1mo ago32 sources

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut

Chinese chipmaker CXMT experienced a spectacular stock market debut in Shanghai, with its shares surging by nearly 470%. This record-breaking performance briefly made it China's most valuable company, driven by strong demand for AI memory and a substantial IPO.

China's CXMT IPO Plans Spark Investor Concerns Amid US Scrutiny
TechnologyTimes of India1mo ago

China's CXMT IPO Plans Spark Investor Concerns Amid US Scrutiny

China's largest memory chip maker, ChangXin Memory Technologies (CXMT), plans an $8.6 billion Shanghai IPO, causing investors to sell other tech shares to fund the anticipated listing and raising fears of a short-term liquidity squeeze, especially given past US government scrutiny.

AI Demand Fuels Record Chipmaker Profits Amid Broader Cost Pressures
TechnologybloombergwsjBarron's+5SCMPmarketwatchBusiness InsiderYahooglobal-times2d ago8 sources

AI Demand Fuels Record Chipmaker Profits Amid Broader Cost Pressures

Soaring artificial intelligence requirements have propelled semiconductor manufacturers like CXMT to record revenue growth, even as the expansion strains global supply chains. The heightened demand for memory chips and data center infrastructure is simultaneously driving up production costs across the technology sector.

China's CXMT Plans Second Beijing Chip Plant Amid Expansion
BusinessReutersYahooseeking-alpha+1zerohedge27d ago4 sources

China's CXMT Plans Second Beijing Chip Plant Amid Expansion

China's memory chip giant CXMT is planning to build a second chip manufacturing plant in Beijing, following its successful IPO. The expansion signals China's continued efforts to boost its domestic chip production capacity.

China's Semiconductor Industry Challenges Global Tech Giants
BusinessSCMP1mo ago

China's Semiconductor Industry Challenges Global Tech Giants

China's increasing influence in the global semiconductor supply chain is accelerating the unraveling of the artificial-intelligence trade, with expectations growing that the nation will challenge foreign tech juggernauts by supplying the world with cheaper alternatives.

Chinese Chipmaker CXMT's IPO Surges, Defying Bubble Concerns
BusinessFTnzznos+4de-volkskrantdie-pressemarketwatchYahoo1mo ago7 sources

Chinese Chipmaker CXMT's IPO Surges, Defying Bubble Concerns

Chinese memory chip manufacturer CXMT experienced a spectacular initial public offering, with its stock value surging significantly on its first trading day. The IPO has caused ripples in the global memory chip market, with some analysts suggesting the surge is not a bubble signal and could benefit from increased AI demand.

CXMT's Shanghai IPO Dented by Chip Stock Selloff
Businessexpress-tribune1mo ago

CXMT's Shanghai IPO Dented by Chip Stock Selloff

Institutional demand for CXMT's $8.6 billion Shanghai IPO, Asia's largest this year, has been negatively impacted by a broader selloff in AI chip stocks, driven by fears that the sector's boom has become overheated.

Trump Concludes NATO Summit with Focus on Unity and Defense Spending
BusinessBBCbloombergNYT+64FTThe GuardianFox Newscbccnbchelsingin-sanomatruvtagesschau+56 more1mo ago67 sources

Trump Concludes NATO Summit with Focus on Unity and Defense Spending

President Trump concluded the NATO summit, emphasizing extraordinary unity among members despite earlier criticisms, and highlighting increased defense spending commitments from several nations. Discussions also touched on regional issues, including Israel's potential troop withdrawal from southern Lebanon and the situation in Iran.