China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off
South China Morning Post3h ago1 newsroom
Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products…