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TechEXCLUSIVE: CXMT plans second chip plant in Beijing and discusses funding, sources say

China’s largest chipmaker by market value, CXMT, is considering a second memory-chip plant in Beijing, according to two people familiar with the matter. The company is also in financing discussions with a technology manufacturing hub backed by the local government. The talks concern funding for the proposed facility. No final decision on the project is indicated.

CXMTBeijingchip manufacturingfinancing

RReuters★★★☆☆2026-08-03 08:35Original

EXCLUSIVE: CXMT plans second chip plant in Beijing and discusses funding, sources say
EXCLUSIVE: CXMT plans second chip plant in Beijing and discusses funding, sources sayTech