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REPORTED DEVELOPMENT

CXMT is reported to be considering a second DRAM fab in Beijing

Reuters cited two people familiar with the matter saying CXMT is considering a second 12-inch DRAM fab in Beijing's Yizhuang area and is discussing at least RMB60 million of support with a locally backed technology manufacturing center. Capacity, total investment and financing structure remain undetermined.

ORIGINAL SOURCEReuters
PUBLIC RESPONSE

CXMT and the Beijing municipal government had not responded when Reuters published. No project filing, environmental review, land record, equipment order or company announcement was located.

ENTITIES
长鑫科技CXMT北京亦庄北京经济技术开发区
REPORTING STATUS
Single-source report · early financing talks