Story perspectives

CXMT Reaches Volume Production for Domestically Made DRAM

By Drooid · Oct 12, 2026, 6:28 AM UTC · How we work

Summary

Story summary

China’s CXMT achieved volume production of domestically made DRAM, closing a major supply-chain gap.
GigaDevice’s market value topped 300 billion yuan in 2026 and rose above 500 billion yuan after a Hong Kong secondary listing.
The combined market value of GigaDevice and CXMT exceeds 1 trillion yuan (?$149.2 billion).
SK Group plans a 400 trillion-won Honam semiconductor cluster and reviews overseas fab options, including Japan.

History

Historical Context

Founded in 1987 with government backing and Philips technology, TSMC grew to control about 70 % of the global foundry market. Its 2010 announcement of a US$9.4 billion third 300-mm fab and 2011 land purchase for two more fabs marked the start of Asian wafer capacity that later inspired domestic DRAM projects such as CXMT and GigaDevice, prompting U.S., EU and Japanese policymakers to tighten export controls.

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Story summary

China’s CXMT achieved volume production of domestically made DRAM, closing a major supply-chain gap.
GigaDevice’s market value topped 300 billion yuan in 2026 and rose above 500 billion yuan after a Hong Kong secondary listing.
The combined market value of GigaDevice and CXMT exceeds 1 trillion yuan (?$149.2 billion).
SK Group plans a 400 trillion-won Honam semiconductor cluster and reviews overseas fab options, including Japan.

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