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Chinese chipmaker CXMT reports Q1 revenue up 719%, profit up 1,688%
CXMT reports Q1 revenue of $7.5B, up 719% year-on-year, and net profit of $3.6B, up 1,688%, as Omdia ranks the Chinese DRAM maker fourth globally with a 7.67% market share.
Cheng Ting-Fang / Nikkei Asia: Chinese chipmaker CXMT reports Q1 revenue up 719% YoY to ~$7.5B, net profit up 1,688% to $3.6B, and says Omdia ranks it No. 4 in DRAM with a 7.67% global share — TAIPEI — China's top memory chipmaker ChangXin Memory Technologies (CXMT) said net profit skyrocketed over 1,688% …
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