Changxin Memory Plans to Review Second Factory in Beijing and Double Production Capacity

Changxin Memory Technologies (CXMT) is considering building a second semiconductor factory in Beijing and securing additional funding. This plan aims to more than double its production capacity by the end of 2027. Changxin Memory is currently discussing funding and production capacity expansion options, but no official groundbreaking announcement has been made. Established in 2016, Changxin Memory is a DRAM manufacturer that designs, manufactures, and sells DRAM used in mobile devices, PCs, tablets, and servers. According to Counterpoint Research, Changxin Memory held an 8% share of the global DRAM market in Q1 2026, ranking fourth with a 7.67% share in Q4 2025. The company was listed on the Shanghai Science and Technology Innovation Board on July 27, with 7.5 billion yuan of the raised funds earmarked for upgrading memory wafer manufacturing lines. However, there may be constraints on production expansion due to sanctions and access to advanced equipment, raising concerns as it is included in the U.S. Department of Defense's 1260H list. The industry is watching closely to see if Changxin Memory can connect the raised funds to its production capacity expansion.

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